Replacing ECDSA (SECP256k1) with Schnorr signatures

Replacing ECDSA (SECP256k1) with Schnorr signatures

On March 23, 2017 the Bitcoin Core team published a technology roadmap, expressing their intent to replace ECDSA (SECP256k1) with Schnorr signatures: http://ift.tt/2mU7TX6.

Pardon my naive understanding, but we currently use ECDSA (SECP256k1) to generate public keys, and by extension- addresses. How does replacing the signing algorithm with a new signing algorithm not affect today's addressing? Does it? Where does backward compatibility fit in with this?

http://ift.tt/2inWOkV

Comments

Post a Comment

Popular posts from this blog

Unable to send raw transaction: mandatory-script-verify-flag-failed

Unable to send raw transaction: mandatory-script-verify-flag-failed When I send a raw transaction I get an error: 16: mandatory-script-verify-flag-failed (Signature must be zero for failed CHECK(MULTI)SIG operation) Raw transaction that I send: 0200000001d18e181dc31f713573785c4434b70c415b407e200959f10d24a5eee72a4bae3401000000da00473044022038b7aaf811db578a0b62b1ff69f7b2a6054cd9b770275b292ff63bb6b6faa96902202ffa91a950c8976722284a0bcd3ad9c54e11e441f9f632c3dd76f9174f1d0c0a01483045022100a3c48312f94652269b6e23b3e48ead21b788a2d162205d9ba4c01c9cddfc9ea70220772828f03307eaf90cc17f12f2f97e8424ff5f5311839b4095f775813cb2dada014752210283910b39cc9fab5ca7ad622dbe4a09e13ce53232b8695f96315c6e90c64c526e2103e88f91c7e130cc2f760d82b8135af8ec493860b0943649c65e0daf8b3b5a945552aeffffffff01962af4050000000017a9146fb7855fc9f0fcad63dacb27103f3ee6089b65408700000000 This raw transaction decoded: { "txid": "e63230d2b56bec46ab1273f0962f0fce43248fb1acbd7214be5a319b53fc170e", "hash&q
Read more

ETH To The Moon / Bank of England Cryptocurrency? / BTC Dominance / More (The Crypt0 Minute)

Image
ETH To The Moon / Bank of England Cryptocurrency? / BTC Dominance / More (The Crypt0 Minute) ►Please LIKE This Post On Steemit: http://ift.tt/2qkh4Yb Piano Instrumental By Omar Bham (Crypt0) 👍 Thank You Very Much For Watching This Video! Don't forget to smash those LIKE & SUBSCRIBE buttons :D 🎩►Become a Crypt0's News Patron: http://ift.tt/2vDXHXD ⛄►Check Out Our New Crypt0's News Amazon Storefront For Recommendations: http://ift.tt/2Br4nPB 🙇HELPFUL LINKS ►ICOs Raise One Billion Dollars In A Month: http://ift.tt/2A91Qow ►Huobi Is Now Headed To Japan: http://ift.tt/2Cbqk27 ►Verge Transaction IP Addresses: http://xvg.keff.org/ ►ScienceGuy's ETH Price Target: http://ift.tt/2CuwgGW ►Long Blockchain Corp: http://ift.tt/2BTmAFw ►Why 2018 Will Be The Year Of The Blockchain: http://ift.tt/2A2Krha ►Ethereum's Scalability Subsidy Program: http://ift.tt/2qgDNnS 🌌►Grab A Crypt0 T-Shirt: http://ift.tt/2khihd5 🚩🚩🚩A MUST HAVE ►Ledger Nano S (Top Multi-Asset Hardware Wal
Read more

My blockchain.info wallet was hacked. How can I create a double send to foil the attacker?

My blockchain.info wallet was hacked. How can I create a double send to foil the attacker? This is the transaction. http://ift.tt/2BOp9oP Which is still unconfirmed. I am trying to use https://coinb.in to create a double spend transaction with a higher fee but I am getting several errors such as: 18: txn-mempool-conflict OR 16: mandatory-script-verify-flag-failed (Script failed an OP_EQUALVERIFY operation) How can I create a double spend transaction using https://coinb.in to block this attack? In particular what goes in the transaction id field and the script field. http://ift.tt/2iI00og
Read more