Replacing ECDSA (SECP256k1) with Schnorr signatures
Replacing ECDSA (SECP256k1) with Schnorr signatures
On March 23, 2017 the Bitcoin Core team published a technology roadmap, expressing their intent to replace ECDSA (SECP256k1) with Schnorr signatures: http://ift.tt/2mU7TX6.
Pardon my naive understanding, but we currently use ECDSA (SECP256k1) to generate public keys, and by extension- addresses. How does replacing the signing algorithm with a new signing algorithm not affect today's addressing? Does it? Where does backward compatibility fit in with this?
http://ift.tt/2inWOkV
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