Blockchain privacy consensus mechanism based on threshold signature

Various industries have proposed to use blockchain technology to solve their own difficulties, but because the underlying database is completely open, user identities and transaction information are at a glance, and privacy leaks are serious. In the blockchain, transaction data is required to be verified by most users before it can be put on the chain. In order to ensure the correctness of the data on the chain, a blockchain privacy consensus mechanism based on threshold signatures (PBTS) is proposed. Under the premise that miners cannot access the plaintext of transaction transactions, the blockchain can still supervise and review the data to reach a consensus.