Crypto Class📚 Taproot Upgrade
The Taproot upgrade took effect on November 14, 2021, at block height 709632. It was a soft fork.
Schnorr signatures can aggregate multiple parties’ public keys into one, making an address controlled by multiple people look the same on-chain as one with a single signature.
Understanding this won’t make me money right away, but it might help me avoid a rookie mistake.
The inscription on $BTC uses Taproot, and $ORDI was the first BRC-20 token.
#BTC
Just keeping track of the market. Please make your own trading decisions.
The Taproot upgrade took effect on November 14, 2021, at block height 709632. It was a soft fork.
Schnorr signatures can aggregate multiple parties’ public keys into one, making an address controlled by multiple people look the same on-chain as one with a single signature.
Understanding this won’t make me money right away, but it might help me avoid a rookie mistake.
The inscription on $BTC uses Taproot, and $ORDI was the first BRC-20 token.
#BTC
Just keeping track of the market. Please make your own trading decisions.