Hey Michael,
First I think the idea of "do nothing in the first 9 minutes" will
unfortunately not be useful as the computed work is mainly there to prevent
miners from altering the history of previous blocks. Thus following your
suggesting would probably drastically decease the security of the net
Please read the Bitcoin whitepaper. It's a very interesting read.
--
Best Regards / S pozdravom,
Pavol "stick" Rusnak
Co-founder and CTO, SatoshiLabs
On Sat, May 15, 2021, 23:57 Michael Fuhrmann via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> Hello,
>
> Bitcoin should create b
Hello,
Bitcoin should create blocks every 10 minutes in average. So why do
miners need to mine the 9 minutes after the last block was found? It's
not necessary.
Problem: How to prevent "pre-mining" in the 9 minutes time window?
Possible ideas for discussion:
- (maybe most difficult) global net
What Tim said is right. To add to that, you may also wish to read about
MuSig:
https://blockstream.com/2018/01/23/en-musig-key-aggregation-schnorr-signatures/
Cheers,
Ruben
On Sat, May 15, 2021 at 10:32 PM Tim Ruffing via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
> On Sat, 2021
On Sat, 2021-05-15 at 12:21 +0200, vjudeu via bitcoin-dev wrote:
> All that is needed is producing a signature matching the sum of the
> public keys used in taproot, which is "(a+b-a)*G",
This is simply not true.
Taproot does not enable this, or any other form of "cross-input
aggregation", i.
We have some taproot address with private key "a" and public key "a*G", owned
by Alice. Bob wants to take Alice's coins without her permission. He owns
taproot address with private key "b" and public key "b*G". He knows "a*G" by
exploring the chain and looking for P2TR outputs. To grab Alice's f