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152 sats \ 0 replies \ @maths 20 Jul 2023 freebie \ on: Frostsnap - Easy, personalized, secure bitcoin multisig for everyone bitcoin
n: The total number of parties or participants.
k: The interpolation threshold, i.e., the minimum number of parties required to evaluate the polynomial.
x: The index or participant number.
P(x): The polynomial function that each secret share belongs to.
S(x): The secret share of a party at index x.
P_j(x): The joint polynomial used by the parties after removing a signer.
K: The public key derived from the polynomial.
E(x): The evaluation of the joint polynomial P_j(x) at a new participant index x.
S'(x): The secret share of the new party at index x after adding them to the system.
- Each secret share of a FROST key belongs to a polynomial with the interpolation threshold k:
- A threshold number of parties can each evaluate their share of this joint polynomial at a new participant index x:
- The new party's secret share S'(x) is obtained by summing up the evaluations communicated by the other parties:
- The joint polynomial P_j(x) has the same joint-secret (x=0) as the original polynomial:
- The public key K is derived from the joint polynomial:
- When a signer is removed, parties recreate their secret shares and a new polynomial, but the joint-secret remains the same:
- The removed signer's secret share remains the same, but they become incompatible with honest signers on the new polynomial: