Bitcoin Taproot upgrade now live – Nairametrics

Sjöberg, who is also a developer of a Bitcoin Lightning wallet, Blixt Wallet, believes that the Taproot upgrade allows exploring off-chain capabilities, so as to not put too much burden on the Bitcoin nodes of the network. Merging every contract and use-case under a single transaction type “Pay to Taproot” will in the long-run yield a more fungible and robust blockchain.

Since Bitcoin was created, its network has undergone numerous community-driven hard and soft forks.

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