Stephan Livera Podcast

SLP476 What is FROST? Is it the future of Bitcoin Multisig? with Nick Farrow

May 3, 2023
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ANECDOTE

Beach Wreath Sparked Nick's Bitcoin Journey

  • Nick first encountered Bitcoin events at a Beach Wreath where he presented an early SatSale payment button prototype.
  • That early awkward talk led him to meet collaborators who shaped his later multisig work.
INSIGHT

FROST Is A Single-Key Threshold Model

  • FROST replaces many-script multisig with a single shared key split mathematically rather than by script fragments.
  • That lets threshold signing feel like a single Taproot key on-chain while preserving multi-party control.
INSIGHT

FROST Hides Multisig Structure On-Chain

  • FROST signatures look identical to single Taproot key spends, greatly improving on-chain privacy versus current script multisig.
  • Current script multisig reveals quorum structure at spend time, enabling deanonymization and operational exposure.
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