Join Nostr
2025-02-22 16:20:35 UTC
in reply to

Cycle on Nostr: Yes but it is far from popular. EVM chains don’t have native multisig capabilities. ...

Yes but it is far from popular. EVM chains don’t have native multisig capabilities. Shamir’s methodology can provide this capability and is effective for true offline (cold) signing between several key shares. Distribution of key shares then becomes the challenge, but it can be more secure than smart contracts if handled correctly