Paper 2021/1477

Multisignature with double threshold condition in the blockchain and its application to and strong keys generating

Ruslan Skuratovskii and Alexandr Kalenyk

Abstract

Improving the reliability of account protection in the blockchain is one of the most important goals of the entire cryptographic arsenal used in the blockchain and cryptocurrency exchange. We propose a new threshold multisignature scheme with a double boundary condition. Access to funds stored on a multisig wallet is possible only when two or more signatures are provided at the same time.

Note: We have just submitted but did not accurately fill out the metadata. This is new paper that only was reperted on Conference The 11th International Scientific Conference «ITSec» October, 1-6 2021.