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Well, the Boneh-Lynn-Shacham "BLS" signature scheme is currently in the process of being standardized through an Internet Draft named "draft-irtf-cfrg-bls-signature-00" (a working document of the Internet Engineering Task Force "IETF"), which you can track here. It appears Algorand might be behind this process, along with Dan Boneh's own support. As stated ...

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