Do you need to crack every sig in multisig to get bitcoin or is it the same like single sig on chain?
Single sig you need to guess one number, which is not safe, any miner can do that in spare time/overtime. Just wondering if multisig is single crackable entry on blockchain or several keys needed to be cracked?
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0 sats \ 2 replies \ @orthzar 9 Jun 2023
To spend a multisig UTXO, you need however many private keys the UTXO specifies. A common multisig UTXO requires 2-of-3 private keys to spend the UTXO.
Miners cannot guess a private key. Mining hardware does not do the correct math to generate private keys. But even if they did the correct math, the range of possible private keys is so great that all the miners working together couldn't guess any private key before the end of the universe.
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0 sats \ 1 reply \ @numbskull OP 9 Jun 2023
Can you crack just multisig UTXO without cracking 2-of-3 private keys? Because new multisig FROST is basically a single sig. Just interested if current multisig can be cracked in one go?
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0 sats \ 0 replies \ @orthzar 9 Jun 2023
No.
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