How Does a TSS Improve the Efficiency of On-Chain Data Verification?
A Threshold Signature Scheme (TSS) improves efficiency by combining multiple individual node signatures into a single, compact cryptographic proof. Instead of the smart contract having to verify dozens of separate signatures, it only needs to verify one aggregated signature.
This significantly reduces the computational overhead and the associated gas costs for the on-chain smart contract, allowing for more frequent and cost-effective data updates.