Taproot: Bitcoin goes through major upgrade — Here is what it means – World – DAWN.COM

The run-up to Taproot’s activation has spurred, in part, a rally in bitcoin, pushing it to an all-time high of $69,000 on November 10. However, at its core, the upgrade introduces a new digital signature scheme called “Schnorr” that will help bitcoin transactions become more efficient and more private. “But, while bitcoin likely won’t ever […]