ECEC 05
Custody, MPC and multisig
Standfirst — one sentence stating the claim. To be written.
PUBLICATION GATE · SPEC §11, §12 This page does not go live with the rest of the site. It is blocked on the
employment disclosure being raised at onboarding, and on a separate counsel review. Both are
open. The prose slots below can be drafted; none of them can ship until those two clear.
What threshold signing protects against
PROSE · SPEC §3.5
Stated fairly and at full strength: against key theft, the claim is true. Establishing that
first is what makes the next section credible rather than contrarian.
Source: —— · Dated: ————-——-—— · Review due: ————-——-——
Why it is irrelevant against quantum
CLAIM · SPEC §3.5, §12
Threshold ECDSA and threshold Schnorr both operate over the same curve. A quantum adversary
attacks the curve, not the key shares; splitting a key n ways does not make the
discrete log harder. Frame this as a property of the mathematics, cite the underlying result,
and name no provider.
Source: —— · Dated: ————-——-—— · Review due: ————-——-——
EQUATION · component-specs §6
EQ 1: the aggregate public key is a point on the same curve regardless of how the
private key is shared.
Multisig
CLAIM · SPEC §3.5
The same reasoning: a 3-of-5 with five exposed public keys is five quantum-vulnerable keys, not
one made harder.
Source: —— · Dated: ————-——-—— · Review due: ————-——-——
What actually helps
PROSE · SPEC §3.5
Hash-based address types where the public key is never revealed until spend, avoiding reuse,
and eventually post-quantum signature schemes.
Source: —— · Dated: ————-——-—— · Review due: ————-——-——
What does not help
PROSE · SPEC §3.5
Threshold schemes, HSMs, geographic distribution of shares — the controls that dominate custody
marketing. As a class, as properties of the mathematics, with no vendor named.
Source: —— · Dated: ————-——-—— · Review due: ————-——-——
Practical output
The forwardable version of this page is the custodian's checklist: what to ask a provider, what "quantum-ready" should mean in a contract, and what to migrate first.