Hey everyone, I've been working on a concept that eliminates signatures from the Bitcoin model and tackles post-quantum challenges.
Specter swaps out digital signatures for zero-knowledge proofs of authorization, allowing transactions to demonstrate that spending conditions are met without disclosing keys or identities.
Instead of keeping a complete transaction history, it utilizes recursive proofs to validate long-term transactions. Rather than assuming historical data, it's all verified through aggregated proofs tied to the proof-of-work chain.
This approach minimizes on-chain data, keeps keys safe, and offers a way for compact long-term validation in a post-quantum world.
Would love to hear your thoughts!
Specter: A Signature-Free, Recursive Proof-Based Blockchain for Post-Quantum Era
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