Secure re-use of private key for dynamic group of nodes
Abstract:
There may be provided a computer-implemented method that includes: broadcasting, by a node in a blockchain network, a transaction to transfer one or more digital assets to a public group address associated with a congress public key, the public group being associated with one or more other digital assets associated with other members of a congress; generating a private key share to be used in a threshold signature scheme in which at least a threshold of private key shares must be used to generate a valid signature through combination of partial signatures on behalf of the congress, wherein other holders of the private key shares are the other members of the congress who have joined the congress by transfer of respective digital assets to the public group address; and using the private key share to cooperatively generate a valid signature for a transaction from the public group address.
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