Bitcoin a Step Closer to Taproot, the Biggest Upgrade Since SegWit

By Sead Fadilpašić

World’s most popular cryptocurrency, Bitcoin (BTC), is one step closer to seeing it’s largest change since 2017.

Developer and Bitcoin Core contributor Pieter Wuille, has submitted a “pull request,” which lets others know that a code change is ready for reviews, discussions, suggestions, etc. by the community, in order to add more commits if needed, and get the changes ready to be merged into the base branch upon a decision to do so. The pull request concerns a significant code change that is designed to increase privacy of the coin, called Taproot.

“What is taproot? Trying to make all output scripts and most spends indistinguishable,” said Wuille. As previously reported, Taproot soft fork comes together with more upgrades, complementary to each other. There are three BIPs (Bitcoin Improvement Proposals) encompassed by this proposal, and have been officially named BIPs 340, 341, and 342.

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