🐋 Beyond tracking fund flows, this is another basic concept you should understand: the Taproot upgrade
Taproot addresses (P2TR) start with bc1p and use Bech32m encoding, as defined by BIP-350.
When spending, only the conditions actually used are revealed, reducing the amount of data transactions need to write to the blockchain and thus lowering fees.
The inscriptions on $BTC used Taproot, and $ORDI was the first BRC-20 token.
Understanding the principles helps you make informed decisions—not predict whether prices will rise or fall.
Taproot addresses (P2TR) start with bc1p and use Bech32m encoding, as defined by BIP-350.
When spending, only the conditions actually used are revealed, reducing the amount of data transactions need to write to the blockchain and thus lowering fees.
The inscriptions on $BTC used Taproot, and $ORDI was the first BRC-20 token.
Understanding the principles helps you make informed decisions—not predict whether prices will rise or fall.