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



Summary:

The conversation starts with questioning about big-integer division by a word-sized divisor. The option of rolling your own is always available. The discussion then moves on to comparing the ease of Base58 encoding and decoding with that of Shamir's Secret Sharing due to small divisors and lack of modulo arithmetic. It is acknowledged that base-58 encoding and decoding is indeed easier than Shamir's Secret Sharing over GF(P256).


Updated on: 2023-06-08T17:10:38.815066+00:00