I’ve been thinking about how we can optimize Eltoo once Schnorr MuSig is out. If anyone sees a major flaw in my idea or if it’s already been discussed, let me know! I’ve got a document up on GitHub that outlines it, anyone can check it out.
Eltoo Optimization with NOctaHub
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Just added more details on how we can integrate Eltoo with this idea. The whole concept is about making distributed ledgers more efficient. I believe it could be a solid step forward.
We’ve actually got Eltoo running live on Minima.global right now! It’s the first implementation that I know of. Super exciting stuff! If anyone’s interested, hit us up on Discord for more deets about possibly adding OctaHubs.
I don’t get why it’s limited to 8 members for the multisig. Why not 5 or even 10? Plus, if there are 256 separate transactions signed, there’s still that risk of unauthorized spending. Seems sketchy to me.
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