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authorGregory Maxwell <gmaxwell@gmail.com>2014-03-29 07:36:58 -0700
committerbitcoindev <bitcoindev@gnusha.org>2014-03-29 14:37:05 +0000
commit3c9ca8fca5b32821b292871e58aeb812f6382892 (patch)
tree6d8a39b5037a8e27fad0e0202cf86e66bc76b063
parentccb2bd37276ab2e858ec16ba17d426b9c6696e8c (diff)
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Re: [Bitcoin-development] Presenting a BIP for Shamir's Secret Sharing of Bitcoin private keys
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+Date: Sat, 29 Mar 2014 07:36:58 -0700
+Message-ID: <CAAS2fgRCuQ+WtaMOr45cPh6bFmajweSAfPJse85Rh3bYjtdE3Q@mail.gmail.com>
+From: Gregory Maxwell <gmaxwell@gmail.com>
+To: Watson Ladd <wbl@uchicago.edu>
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] Presenting a BIP for Shamir's Secret
+ Sharing of Bitcoin private keys
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+
+On Sat, Mar 29, 2014 at 7:28 AM, Watson Ladd <wbl@uchicago.edu> wrote:
+> This is not the case: one can use MPC techniques to compute a
+> signature from shares without reconstructing the private key. There is
+> a paper on this for bitcoin, but I don't know where it is.
+
+Practically speaking you cannot unless the technique used is one
+carefully selected to make it possible. This proposal isn't such a
+scheme I beleieve, however, and I think I'd strongly prefer that we
+BIP standardize a formulation which also has this property.
+
+The paper you want is
+http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.67.9913
+
+There will soon be a paper coming out from some princeton folks about
+refining that and applying it to Bitcoin.
+
+You can use the secret sharing from threshold ecdsa in the
+not-super-useful way where you just recombine the private key and
+sign... but you can also use it to compute a secret shared signature
+and then interpolate back the signature... avoiding the need for any
+trusted device in holding the signature.
+
+