Roast
Blockstream dreams up a whole new type of multisig called ROAST
The research unit of Bitcoin (BTC)-focused blockchain tech firm Blockstream has published a proposal for a new type of multisig standard called Robust Asynchronous Schnorr Threshold Signatures (ROAST). It hopes to avoid the problem of transaction failures due to absent or even malicious signers and can work at scale. The term multisig or multisignature, refers to a method of transaction in which two or more signatures are required to sign off before it can be executed. The standard is widely adopted in crypto. According to a May 25 blog post from Blockstream research, the basic idea of ROAST is to make transactions between the Bitcoin network and Blockstream’s sidechain Liquid more efficient, automated, secure and private. In particular, ROAST has been posited as a signature standard that ...
Traders burn 10-year-old boy for ‘stealing’ food
A 10-year-old boy, Ifeanyi, was on Saturday thrown into a fire for allegedly stealing a small measure of uncooked rice in a market at Inikiri Benard village, Effium community, in the Ohaukwu Local Government Area of Ebonyi State. Newsmen gathered that the lad’s mother was late, while his father was mentally-challenged. A community source said, “The boy was thrown into a fire by two traders who accused him of stealing rice from a shop at the market to cook for himself and his father.” The Chairman of Human Rights Defenders, Ebonyi State chapter, Mr Sam Nweke, condemned the inhuman act meted out to the kid. He said, “HURIDE got a call from one Mr George Etamesor, on the grave abuse of this poor boy. This was because he was caught trying to steal some rice in their village market. They tied h...
