What did Bitcoin’s Taproot upgrade change?
Schnorr signatures can aggregate multiple parties’ public keys into one, so an address controlled jointly by multiple people looks the same on-chain as one with a single signature.
When spending, only the conditions actually used are revealed, so less data needs to be written to the block and fees are correspondingly lower.
Taproot addresses for $BTC start with bc1p, unlike SegWit addresses, which start with bc1q.
There’s no shame in playing it safe. Staying in the game matters more than how much you make on any one trade.
Schnorr signatures can aggregate multiple parties’ public keys into one, so an address controlled jointly by multiple people looks the same on-chain as one with a single signature.
When spending, only the conditions actually used are revealed, so less data needs to be written to the block and fees are correspondingly lower.
Taproot addresses for $BTC start with bc1p, unlike SegWit addresses, which start with bc1q.
There’s no shame in playing it safe. Staying in the game matters more than how much you make on any one trade.