schnorr

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2 entries

Event January 19, 2020 BIP (Bitcoin Improvement Proposal)

BIP 341 — Taproot: SegWit Version 1 Spending Rules

Pieter Wuille ↔ Jonas Nick, Anthony Towns

Taproot — Bitcoin's most significant protocol upgrade since SegWit. Combines Schnorr (BIP 340) with MAST so complex spending conditions look like simple payments on-chain.

Event January 19, 2020 BIP (Bitcoin Improvement Proposal)

BIP 340 — Schnorr Signatures for secp256k1

Pieter Wuille ↔ Jonas Nick, Tim Ruffing

Schnorr signatures replacing ECDSA for Taproot. Provably secure, non-malleable, with efficient multi-signature aggregation — complex scripts become on-chain indistinguishable from simple payments.