SOB #455 Privacy & Scale – Everything You Need To Know About Bitcoin’s Taproot
In this episode of Speaking of Bitcoin (originally recorded in early January, 2021), join Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy and Jonathan Mohan as they dig into the much discussed but often poorly understood ‘Taproot’ improvement.
This long-in-the-works, multi-part bitcoin improvement proposal is nearing deployment but will likely take years to fully manifest in the wallets and applications we use. Even so, taproot is set to impact the protocol significantly in the areas of scale, privacy and the ability to create and execute more complex ‘smart contracts’ on bitcoins’ native layer.
In this episode, we dig into the meaning and implications of the upgrades major componants in an easy to understand way and then go into the technical explanation to provide you with all the technical details as well.
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