What is Taproot in Bitcoin – Exploring the Future of Privacy and Efficiency

What is Taproot in Bitcoin – Exploring the Future of Privacy and Efficiency

What is Taproot in Bitcoin? Taproot is a significant upgrade to the Bitcoin protocol that enhances privacy, scalability, and smart contracting capabilities. This transformative feature promises to bolster Bitcoin’s utility and provides users with an advanced level of transaction confidentiality. Introduction to Taproot: Bitcoin’s Privacy and Efficiency Upgrade Bitcoin has long been hailed as a…