What did Bitcoin’s Taproot upgrade change? Many people can’t answer!
Taproot consists of three proposals—BIP-340, BIP-341, and BIP-342—which define Schnorr signatures, Taproot spending rules, and Tapscript, respectively.
When spending, only the conditions actually used are revealed, reducing the amount of data that needs to be included in a block and thus lowering fees.
Be skeptical of claims promising high returns.
$BTC 82178 (-1.37%)
Taproot consists of three proposals—BIP-340, BIP-341, and BIP-342—which define Schnorr signatures, Taproot spending rules, and Tapscript, respectively.
When spending, only the conditions actually used are revealed, reducing the amount of data that needs to be included in a block and thus lowering fees.
Be skeptical of claims promising high returns.
$BTC 82178 (-1.37%)