How can threshold signature technology enhance the security of digital currencies?

1 answers

• Nakarin WadkhianJul 31, 2023 · 2 years ago
  Threshold signature technology can also enhance the scalability of digital currencies. With traditional digital signatures, each transaction requires the computation of a signature, which can be resource-intensive and limit the scalability of the network. However, with threshold signature technology, the computation of a signature can be distributed among multiple parties, allowing for faster and more scalable transaction processing. This can greatly improve the performance and efficiency of digital currencies.
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