Presenting a BIP for Shamir's Secret Sharing of Bitcoin private keys

Author: Jeff Garzik 2014-04-04 02:38:09
Published on: 2014-04-04T02:38:09+00:00

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Summary:

In an email conversation dated March 29th, 2014, Matt Whitlock expresses his doubts on whether his Bitcoin Improvement Proposal (BIP) would be worth improving with suggestions provided. However, Jeff Garzik, a Bitcoin core developer and open source evangelist, clarifies that the decision to use Shamir's Secret Sharing (SSS) is separate from the decision to write a BIP. He explains that if people are using SSS in the field, it is better to write a BIP than not. Even Informational BIPs that describe existing practices can be useful.

Updated on: 2023-06-08T17:06:40.094022+00:00