Knowledge Notes | Taproot Upgrade
① The Taproot upgrade took effect on November 14, 2021, at block height 709632. It was a soft fork.
② Schnorr signatures can aggregate multiple parties’ public keys into one. An address jointly controlled by multiple people looks no different on-chain from one using a single signature.
③ Before sending funds to an address starting with bc1p, check whether your wallet or platform supports sending to Taproot addresses.
$BTC 83004.01 (+1.5%)
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① The Taproot upgrade took effect on November 14, 2021, at block height 709632. It was a soft fork.
② Schnorr signatures can aggregate multiple parties’ public keys into one. An address jointly controlled by multiple people looks no different on-chain from one using a single signature.
③ Before sending funds to an address starting with bc1p, check whether your wallet or platform supports sending to Taproot addresses.
$BTC 83004.01 (+1.5%)
#BTC