Liquid for Bitcoiners (4/4) – Financial Securities Infrastructure
Hardcore Bitcoiners are understandably skeptical about Blockstream’s Liquid sidechain. But as the Bitcoin ecosystem grows, we’re going to need more services backed by Bitcoin that Bitcoin itself can’t provide. Liquid is a semi-centralized side chain that — crucially — has no unnecessary shitcoin. This blog series will discuss some of the use cases that are …
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Liquid for Bitcoiners (3/4) – Working Capital Stability, Remittances & Bitcoin-Backed Loans
Hardcore Bitcoiners are understandably skeptical about Blockstream’s Liquid sidechain. But as the Bitcoin ecosystem grows, we’re going to need more services backed by Bitcoin that Bitcoin itself can’t provide. Liquid is a semi-centralized side chain that — crucially — has no unnecessary shitcoin. This blog series will discuss some of the use cases that are …
Liquid for Bitcoiners (2/4) – Stablecoin Self-Custody
Hardcore Bitcoiners are understandably skeptical about Blockstream’s Liquid sidechain. But as the Bitcoin ecosystem grows, we’re going to need more services backed by Bitcoin that Bitcoin itself can’t provide. Liquid is a semi-centralized side chain that — crucially — has no unnecessary shitcoin. This blog series will discuss some of the use cases that are …
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Liquid for Bitcoiners (1/4) – Confidential Transactions
Hardcore Bitcoiners are understandably skeptical about Blockstream’s Liquid sidechain. But as the Bitcoin ecosystem grows, we’re going to need more services backed by Bitcoin that Bitcoin itself can’t provide. Liquid is a semi-centralized side chain that — crucially — has no unnecessary shitcoin. This blog series will discuss some of the use cases that are …
Liquid for Bitcoiners (1/4) – Confidential Transactions Read More »
ECDSA is not that bad: two-party signing without Schnorr or BLS
I already wrote about Schnorr and BLS signatures and I think they are really great. One of the most exciting properties of these signature schemes is key aggregation — if we want to make a 2-of-2 multisignature address we just take our public keys and add them together. The signature will be also just a …
ECDSA is not that bad: two-party signing without Schnorr or BLS Read More »
BLS signatures: better than Schnorr
In the previous post I wrote about Schnorr signatures and how awesome they are. This one is about Boneh-Lynn-Shacham signatures and their extremely nice features that are not possible with Schnorr. Shortly, what we know so far: ECDSA signatures are ok. They do their job and do it well, but nothing more. We can’t combine …
How Schnorr signatures may improve Bitcoin
When I was reading the MuSig paper from Blockstream I was trying to imagine what would it mean for me as a bitcoin user. Some features of the Schnorr signatures I found really great and convenient, but others are pretty annoying. Here I want to share my thoughts with you, but first, a quick recap: …