Technical principles | What changed with Bitcoin’s Taproot upgrade?
Taproot consists of three proposals—BIP-340, BIP-341, and BIP-342—which define Schnorr signatures, Taproot spending rules, and Tapscript, respectively.
When spending, only the conditions actually used are revealed, reducing the amount of data written to the blockchain and, consequently, transaction fees.
The Taproot address for $BTC starts with bc1p, unlike SegWit addresses, which start with bc1q.
Don’t put all your savings into a single project.
#BTC
Markets change quickly, so make your own independent judgments.
Taproot consists of three proposals—BIP-340, BIP-341, and BIP-342—which define Schnorr signatures, Taproot spending rules, and Tapscript, respectively.
When spending, only the conditions actually used are revealed, reducing the amount of data written to the blockchain and, consequently, transaction fees.
The Taproot address for $BTC starts with bc1p, unlike SegWit addresses, which start with bc1q.
Don’t put all your savings into a single project.
#BTC
Markets change quickly, so make your own independent judgments.