Do repost and rate:
Bitcoin Taproot Update
We are waiting for November 2021
What will change?
- Increase in throughput by almost 25%.
- Save on complex transactions. Bitcoin will be cheaper to transfer.
- More privacy. Now the transactions are not the same and it is easy to identify an institutional investor in the market.
- Reducing the likelihood of spam attacks.
- Increase the efficiency of complex contracts
- Increasing the limit of possible owners of one wallet
For the average user, almost nothing will change, except for a small reduction in transaction fees.
It's about institutional investors and other major players. They need security and new tools for bitcoin development.
