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The Privacy Benefits of Taproot 🚀

The Privacy Benefits of Taproot 🚀



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  1. tldr; Bitcoin’s Taproot soft fork is an essential step towards improving Bitcoin’s on-chain privacy. After the upgrade got activated on November 14th, 2021 at block height 709632, blockchain analysis companies are going to have a harder time determining what’s happening on the public ledger. Inconveniently for those seeking to deanonymize all bitcoin transactions, Taproot makes most transactions look identical to regular transfers.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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