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Tech firm Blockstream has released the Schnorr-based multi-signature scheme MuSig designed to address Bitcoin blockchain privacy.
The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18.
Last January, four Bitcoin developers released a paper outlining how Schnorr multi-signatures (âmultisigâ) could help scale the Bitcoin blockchain, saying that the technology could reduce its transaction size and âimprove both performance and user privacy in Bitcoinâ. In the paper, the developers state that MuSig is designed as âa protocol that allows a group of signers to produce a short, joint signature on a common message.â
Todayâs announcement reveals that MuSig has been turned from an idea into usable code, while this week the code was also merged into secp256k1-zkp, a fork of secp256k1 representing âthe high-assurance cryptographic library used by Bitcoin Core.â
In the post, the developers explain their decision to develop MuSig by creating âa misuse-resistant API without sharp corners, and which doesnât encourage dangerous usage patterns even in constrained environments.â
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