The foundation launched an updated version of FROST to sign transactions between participants that own a single private signing key.
The Zcash Foundation announced an updated version of its flexible-optimized schnorr threshold signature scheme, FROST. This update aims to reduce interactions between participants.
FROST is the result of a collaboration between Zcash and the University of Waterloo.
FROST signatures will be used to sign transactions from the owners of a signing key. The foundation commented on the motivations behind the decision to upgrade:
“Our decision to design a new threshold scheme stemmed from the desire to improve the state of threshold signature research to match the needs of Zcash users today. Specifically, we needed to ensure that performing multi-party signing operations could be both performant, secure, and indistinguishable from transactions signed by only a single party.”
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.