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Taproot Primer – An Upgrade for the Ages

From blog.kraken.com

One of Bitcoin’s biggest upgrades of all time is just around the corner, but few understand its potential impact. In Kraken Intelligence’s latest report, “Taproot Primer: An Upgrade For The Ages,” our team breaks down each of the three Bitcoin Improvement Proposals (BIPs) included in the Taproot upgrade and explains the transaction efficiency and user privacy benefits the upgrade will bring to the Bitcoin protocol. After being first proposed in 2018, consensus for Taproot’s implementation was reached in June 2021 and its three proposals (Schnorr, Taproot, and Tapscript) are anticipated to go live in November 2021. (full story)

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  • Category: Fundamental Analysis