Someone asked: What did Bitcoin’s Taproot upgrade change?
My answer: Taproot puts multiple spending conditions into a Merkle tree (MAST). When spending, you only need to reveal the condition actually used. This means less data needs to be written to the block, so transaction fees are correspondingly lower.
$BTC 82535.03 (+0.88%)
What would you like to see next time? Wallets or something else?
#BTC
The above is for informational purposes only and does not constitute investment advice.
My answer: Taproot puts multiple spending conditions into a Merkle tree (MAST). When spending, you only need to reveal the condition actually used. This means less data needs to be written to the block, so transaction fees are correspondingly lower.
$BTC 82535.03 (+0.88%)
What would you like to see next time? Wallets or something else?
#BTC
The above is for informational purposes only and does not constitute investment advice.