5min chapter

Bitcoin Rapid-Fire cover image

Coinjoins, Blacklists, Softforks, & The Beginning of Civilization w/ Max Hillebrand

Bitcoin Rapid-Fire

CHAPTER

How to Securely Sign Bitcoin Transactions Anonymously

There is literally no value mentioned on the input side. And that's a problem because of efficiency. The value of the coin was already mentioned on the output side. But if you don't know the value of the inputs, this attack that I mentioned that someone might steal money out of your hardware wallet is still possible. So thankfully, we were exactly at that point in time where we were researching off this topic and creating Taprude as a change to the protocol rules. We signed the first con joint multi party Bitcoin transactions with the keys on a secure and offline signing device.

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