Bitcoin's Taproot update has been activated

mylesillidge

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Bitcoin's biggest update in four years

Bitcoin's most significant update since 2017, Taproot, was activated on 14 November and integrated new features that improve privacy, scalability, and security on the Bitcoin network.

The update enables Merkelized Alternative Script Tree (MAST), designed to bolster the efficiency and privacy of smart contracts by revealing only the relevant details of the contract when spending Bitcoin.
 
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