Funny Name or Not, Schnorr Is Becoming a Big Deal for Bitcoin

According to developers working on the technology, the change would lead to an estimated 25 percent to 30 percent boost in bitcoin's transaction capacity.

Yannick Seurin, a cryptographer at French cybersecurity agency ANSSI, who's been working on the cryptography behind Schnorr, told CoinDesk:

"Schnorr signatures and the applications they enable generate high hopes. As evidenced by the recent scaling debate, any efficiency improvement is highly beneficial to bitcoin."

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