The Taproot/Schnorr proposal has been published as a series if Bitcoin Improvement Proposals (BIPs) – a symbolic milestone for the long-anticipated technological change. Taproot was first introduced by Bitcoin Core developer Greg Maxwell in Jan. 2018 and formalized by another Bitcoin Core developer, Pieter Wuille, in May as a soft fork bundled with Schnorr. As The Block previously reported, the proposed soft fork is expected to bring a much-needed privacy feature to the protocol by making all transactions – be it a simple payment between two parties, the opening or closing of a Lightning channel, or a sophisticated ... (full story)