Bitcoin’s Taproot is ready to go, but it's unlikely to be included in the next release

Cointelegraph

Published Oct 16, 2020 01:19PM ET

Updated Oct 16, 2020 07:40PM ET

The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready.

Taproot and the associated technology of Schnorr signatures are considered to be the most important upgrade for Bitcoin in the past year. It is primarily a privacy improvement for complex spending conditions on Bitcoin like multisig transactions, time locks and other conditions based on Bitcoin Script.

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