Funny Name or Not, Schnorr Is Becoming a Big Deal for Bitcoin
According to developers working on the technology, the change would lead to an estimated 25 percent to 30 percent boost in bitcoin's transaction capacity.
Yannick Seurin, a cryptographer at French cybersecurity agency ANSSI, who's been working on the cryptography behind Schnorr, told CoinDesk:
"Schnorr signatures and the applications they enable generate high hopes. As evidenced by the recent scaling debate, any efficiency improvement is highly beneficial to bitcoin."