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Tag Archives: HERE IS WHAT IT MEANS

TAPROOT: BITCOIN GOES THROUGH MAJOR UPGRADE, HERE IS WHAT IT MEANS


November 16, 2021

Bitcoin went through a major upgrade on Sunday that enables its blockchain to execute more complex transactions, potentially widening the virtual currency’s use cases and making it a little more competitive with Ethereum for processing smart contracts. Smart contracts are self-executing transactions whose results depend on pre-programmed inputs. The enhancement, called Taproot, is the most significant change to the bitcoin …

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