Graftroot ~ bitcoin-dev Mailinglist

In GMax's post on taproot he showed a simple commitment scheme for scripts that is very efficient that there exists some collection of pubkeys (like an M-of-N or even N-of-N) whos authorization is an acceptable alternative to whatever other conditions we might want to impose on a coin. If this holds then when spends happen via the plain signature path the existence of the alternative is never revealed, providing privacy with improved efficiency compared to not being private at all.


https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2018-February/015700.html

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