About FROST:
FROST improves upon the state of the art in Schnorr threshold signature protocols, as it can be safely used without limiting concurrency of signing operations – yet allows for true threshold signing, as only a threshold number of participants are required for signing operations.
It can be used as either a two-round protocol where signers send and receive two messages in total, or optimized to a single-round signing protocol with a pre-processing stage. It achieves its efficiency improvements in part by allowing the protocol to abort in the presence of a misbehaving participant (who is then identified and excluded from future operations)—a reasonable model for practical deployment scenarios.