What did Bitcoin’s Taproot upgrade change?
The Taproot upgrade activated on November 14, 2021, at block height 709632, as a soft fork.
Ordinals inscriptions, which gained popularity in early 2023, write data into the witness portion of Taproot transactions. BRC-20 tokens emerged afterward.
The key thing to keep in mind when managing your position: before sending funds to an address starting with bc1p, check whether your wallet or platform supports sending to Taproot addresses.
$BTC 81573.85 (-0.71%)
The Taproot upgrade activated on November 14, 2021, at block height 709632, as a soft fork.
Ordinals inscriptions, which gained popularity in early 2023, write data into the witness portion of Taproot transactions. BRC-20 tokens emerged afterward.
The key thing to keep in mind when managing your position: before sending funds to an address starting with bc1p, check whether your wallet or platform supports sending to Taproot addresses.
$BTC 81573.85 (-0.71%)