KCN Bitcoin pass to the Schnorr signature

Info partners: bitcoingarden.tk, coinidol.com

The developers of Bitcoin Core published a new road map. The project implies the introduction the signature of Schnorr, instead of the current ECDSA. Developers claim that each signature, with the exception of one percent transactions, will be compressed to one byte, and the analysis will reduce the amount of data by at least 25%. The current size of the bitcoin’s block is about 110 GB. As the same time, the complexity of implementing the project...

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From: KCN News

Related topics : current bitcoin block size / bitcoin signature size