A major upgrade to bitcoin is happening TOMORROW —here’s what | Crypto Gold News ✪
A major upgrade to bitcoin is happening TOMORROW —here’s what investors should know
Smart contracts:
The most important change from Taproot is the potential for smart contracts, Dowling says.
Privacy:
The Taproot upgrade aims to increase privacy for certain transactions.
Cheaper transactions
Schnorr signatures would also reduce the amount of data needed for multi-signature transactions, which are more complicated to process than standard ones.
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