Here's what the Taproot upgrade which went live today is expected to bring to #Bitcoin: 1. Lower transaction (by how much is left to be seen) 2. Increased network efficiency (speed) as it fits more transactions into a block 3. Privacy, which allows users to hide sensitive information in a Bitcoin transaction 4. Basic smart contract functionality 5. Improved security as Schnorr signatures are considered to be more secure than ECDSA (Elliptic Curve Digital Signature Algorithm) signatures which Bitcoin was using. What do you think about the latest Bitcoin upgrade...? #crypto #cryptocurrency #BTC
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