Bitcoin

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Bitcoin News

Bitcoin’s long-awaited Taproot upgrade, which is said to be the cryptocurrency’s biggest upgrade in four years, went live when the blockchain reached block 709,623 at 5:15 UTC on Sunday. The upgrade brings greater transaction privacy and efficiency. Taproot introduces Schnorr signatures that can make more complex transactions on Bitcoin, such as those from multi-signature wallets, look like simple transactions. In practice, this will mean greater privacy for users, as they won’t have as much exposure on the blockchain. The upgrade also brings in smart contracts, $BTC www.cnbc.com/2021/11/14/bitcoin-taproot-upgrade-what-it-means-for-investors.html