Threshold ECDSA Signatures

[dieter.sommer]

A discussion of a proposal on a price reduction for threshold ECDSA has been published. We would be grateful for feedback.

Proposal: 50x Price reduction for chain-key ECDSA signing / threshold ECDSA signing

Dear community! The Internet Computer’s chain-key ECDSA signing capabilities based on threshold ECDSA are one of the best, maybe even the best, USP of the platform. Threshold ECDSA allows smart contract to compute ECDSA signatures on chain, with the private key being secret shared among many replica nodes. This allows for integrating with any other blockchain that supports ECDSA as signature scheme for singing transactions. The current pricing for computing one threshold ECDSA signature is ~26…