First part of the video.
Discussion
Is frost possible now or is a soft fork required? Will watch video later.
No soft fork. FROST is simlar to multi-sig where many keys become one. Very similar to shamir secret sharing but different. Enables new trade offs for key mamagement. Especially for rotation or hierarchy.
Yes I’m very bullish on frost. I was kinda wondering why we haven’t seen more development on it and I thought it was maybe because it needed CTV or something. Frost has some substantial improvements over current multisig. 🔥❄️
Its because theres still some big brain work to be done for it. Specifically, once its merged into libsecp, the cryptography software the bitcoin ecosystem largely uses, i think we'll see some more production grade integrations. But still will seem slow comparatively. Software development for tech startups and app is "move fast and break things". We want "move deliberately and methodically and don't lose money" for things like FROS amd other cryptography things. I imagine this may be similar to the nuclear industry in some regards.
Nothing moves slower than the nuclear industry 😂