The technical fundamentals: Taproot upgrade
When spending, only the conditions actually used are revealed, reducing the amount of data that needs to be written to the block and therefore lowering fees.
Before transferring Bitcoin from an address that holds inscriptions, use a wallet that recognizes inscriptions to avoid accidentally spending them as ordinary coins.
Taproot addresses for $BTC start with bc1p, unlike SegWit addresses, which start with bc1q. Current price: 81567.
If someone around you is new to crypto, feel free to share this with them.
Just one person’s opinion—take it with a grain of salt. This is not advice.
When spending, only the conditions actually used are revealed, reducing the amount of data that needs to be written to the block and therefore lowering fees.
Before transferring Bitcoin from an address that holds inscriptions, use a wallet that recognizes inscriptions to avoid accidentally spending them as ordinary coins.
Taproot addresses for $BTC start with bc1p, unlike SegWit addresses, which start with bc1q. Current price: 81567.
If someone around you is new to crypto, feel free to share this with them.
Just one person’s opinion—take it with a grain of salt. This is not advice.