Trading Notes | Taproot Upgrade
① Taproot consists of three proposals—BIP-340, BIP-341, and BIP-342—which define Schnorr signatures, Taproot spending rules, and Tapscript, respectively.
② The Taproot upgrade was activated on November 14, 2021, at block height 709632. It was a soft fork.
③ Before transferring funds to an address beginning with bc1p, check whether your wallet or platform supports Taproot addresses.
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