Enlightening; thanks, Matt. And apologies to the list for my earlier 
inadvertent double-post.

On Mar 29, 2014, at 12:16 PM, Matt Whitlock <b...@mattwhitlock.name> wrote:

> On Saturday, 29 March 2014, at 10:08 am, Chris Beams wrote:
>> Matt, could you expand on use cases for which you see Shamir's Secret 
>> Sharing Scheme as the best tool for the job? In particular, when do you see 
>> that it would be superior to simply going with multisig in the first place? 
>> Perhaps you see these as complimentary approaches, toward defense-in-depth? 
>> In any case, the Motivation and Rationale sections of the BIP in its current 
>> form are silent on these questions.
> 
> I have added two new sections to address your questions.
> 
> https://github.com/whitslack/btctool/blob/bip/bip-xxxx.mediawiki

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