pull down to refresh
181.7k sats \ 3 replies \ @JaneGarciaIWN 3 Jan freebie \ parent \ on: Allen Farrington AMA bitcoin
- Improvement of Privacy: Taproot makes all transactions look the same to external observers. Whether it's a complex contract or a simple payment, they all appear as standard transactions. This enhances privacy by making it more challenging to differentiate between transaction types.
- Enhanced Flexibility with Smart Contracts: Taproot introduces the ability to write more complex "scripts" or smart contracts in Bitcoin. This adds functionality without making the blockchain more cumbersome. It's done through a technology called Schnorr signatures, which allow for various conditions to be met for a transaction to be valid.
- Efficiency and Cost Reduction: By combining the public keys, Taproot ensures that complex transactions require less space on the blockchain. This means that transactions can be processed more quickly, reducing fees and making the network more efficient.
https://i.postimg.cc/bvQtZ2Nh/wife-sn.jpg
Maybe you do not remember the first Bitcoin faucet... giving away almost 1BTC/user.
And still those days many people laugh about it.
Who is laughing now?
reply
Will you be our I2P champion?
Lead the campaign. What do you think is the first step towards mainstream adoption?
reply
I love it!
I like the way you handled all those sneaking sneakers. Careful y'all, the snooker can become the snorked.
reply