After Taproot, What’s Next for Bitcoin’s Future? – Coindesk

In short, it allows a new type of signing option when signing a transaction, allowing a user to sign a transaction without adding a specific output (which is the coins they want to send) – at least not right away. This code change helps with a variety of technical problems, including one facing the Lightning Network, the overlay network to Bitcoin that increases transaction scalability and speed, and decreases costs.

Source link

About bitcoin

Check Also

Bitcoin bulls must reclaim these 2 levels as ‘death cross’ still looms

Bitcoin (BTC) faces a sink-or-swim resistance test to confirm its “macro breakout,” new analysis says. …

Leave a Reply

Your email address will not be published. Required fields are marked *