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keep-network / tbtc

Trustlessly tokenized Bitcoin on Ethereum ;)
https://tbtc.network
MIT License
214 stars 45 forks source link

Analysis of the impact of non-attributable threshold signing on economic stability #211

Open mhluongo opened 5 years ago

mhluongo commented 5 years ago

What are the trade-offs here in liveness / variance?

mhluongo commented 5 years ago

Looks like we're going to start with n-of-n to prevent griefing subgroup fraud... meaning we'll want much smaller signer sets for the first release, otherwise any significant network outage could hit many deposits.

prestwich commented 5 years ago

Can you explain why n-of-n prevents griefing? it seems like it allows a single person to grief regardless

mhluongo commented 5 years ago

Sorry, I should've said "to prevent profitable subgroup theft"