What did Bitcoin’s Taproot upgrade change? Many people can’t answer!
Ordinals inscriptions, which took off in early 2023, write data into the witness portion of Taproot transactions. BRC-20 tokens followed.
When spending, only the conditions actually used are revealed. Less data needs to be written to the block, so transaction fees are lower.
Don’t trade with borrowed money; the pressure can push you into making bad decisions.
$BTC 81586.71(-0.8%)
#BTC
Ordinals inscriptions, which took off in early 2023, write data into the witness portion of Taproot transactions. BRC-20 tokens followed.
When spending, only the conditions actually used are revealed. Less data needs to be written to the block, so transaction fees are lower.
Don’t trade with borrowed money; the pressure can push you into making bad decisions.
$BTC 81586.71(-0.8%)
#BTC