It’s a great day for Bitcoin and the community is celebrating it as such, sharing information and working on what’s now possible.
From new and more efficient wallets to Atomic Swaps, to smart contracts that “minimize the trust required in the oracle which provides external data.” What will the community build in the following years? That’s what’s going to increase Bitcoin’s market share.
Notorious Bitcoin maximalist and “Programming Bitcoin” author, Jimmy Song, recently tweeted.
However, security expert and Tales From The Crypt host Matt Odell puts everything into perspective.
Optimisation: Key and Signature Aggregation allows for the aggregation of public keys and sigs.
Smart Contracts: #Bitcoin Script has a 10kbyte size limit which will be removed, allowing for vastly larger scripts, aka Taproot contracts.
They are going to come to market slowly over time as the software gets implemented into wallets and other services.