sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<contrapumpkin> <3
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<RubenSomsen> sipa: how do key tree signatures compares to threshold signatures? is one objectively better, or are there use cases for both (assuming pure multisig with no further scripting)?
<sipa> RubenSomsen: key treed are accountable
<sipa> *trees
<sipa> (the signers can see which subset signed)
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<RubenSomsen> Ah yeah, good point. Are there performance differences? I remember you pointed out that at some tresholds calculating the tree can take a long time.
<sipa> a threshold signature just looks like a single signature on chain
<sipa> so obviouslyz yes
<aj> is there a good reference for how threshold signatures via schnorr might work?
<RubenSomsen> Yes of course on-chain it is more efficient, I meant at contract creation time. Like if you do 500-1000 multisig, calculating an entire merkle tree will take a long time.
<RubenSomsen> I guess it is similar?
<RubenSomsen> Hopefully I am wording my question clearly enough
<RubenSomsen> I guess it is not really a practical concern if it happens off-chain
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<andytoshi> threshold signatures involve quadratic communication at setup, each signer sends some small amount of data to each other signer. at signing time it's linear
<andytoshi> in that each signer just broadcasts a small amount of stuff
<andytoshi> under no circumstances is there the combinatorial explosion that you see with keytrees
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<maaku> andytoshi: I don't think that's correct? the amount of data sent to/from each peer during setup depends on the number of signing sets they are involved with, which is combinatorial
<maaku> unless you are talking about a different scheme than I am thinking of
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<andytoshi> yeah i'm thinking specifically about single thresholds
<andytoshi> i suppose you could have a combinatorial number of sets that isn't a threshold
<andytoshi> kanzure: should i correct some of benedikt's numbers ? it would become a false transcript but OTOH his numbers for ECDSA verify and for bulletproof batch verification are incorrect
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<RubenSomsen> andytoshi: Thanks for explaining, that is what I was wondering about. That sounds pretty good then.
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<kanzure> andytoshi: yes edit away, and if you feel like you're violating the sanctity of the transcript then add a disclaimer at the top or bottom
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<andytoshi> yeah, waxwing suggested i just add a footnote
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<andytoshi> kanzure: this is an awesome compilation, thanks
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<kanzure> yep sure.
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<contrapumpkin> kanzure: btw, in https://diyhpl.us/wiki/transcripts/gmaxwell-bitcoin-selection-cryptography/ it's possible to link into youtube at a particular time
<contrapumpkin> oh I see you did that
<contrapumpkin> sorry, was confused by the title of the page
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<kanzure> "Atomic cross-chain swaps" https://arxiv.org/abs/1801.09515
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