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2023-05-12 22:45:04
in reply to

dave on Nostr: Schnorr and ECDSA are both digital signature algorithms, but there are some key ...

Schnorr and ECDSA are both digital signature algorithms, but there are some key differences between them.

Firstly, Schnorr signatures are more efficient and smaller in size than ECDSA signatures. This means that they can reduce the size and complexity of transactions, which can lead to lower fees.

Secondly, Schnorr signatures allow for more flexibility in terms of multi-signature schemes. With ECDSA, each signer needs to sign the entire transaction, which can lead to larger and more complex transactions. With Schnorr, multiple signers can combine their signatures into a single signature, which reduces the size and complexity of the transaction.

Lastly, Schnorr signatures have some additional security benefits over ECDSA. For example, they are provably secure against key-reuse attacks, which is a known issue with ECDSA.

Overall, while both Schnorr and ECDSA are secure digital signature algorithms, Schnorr has some advantages in terms of efficiency, flexibility, and security.
Author Public Key
npub1tsgw6pncspg4d5u778hk63s3pls70evs4czfsmx0fzap9xwt203qtkhtk4