Bitcoin’s big code upgrade improves privacy and security
Bitcoin just received a significant upgrade – the Bitcoin network rolled out a long-in-the-making “Taproot” code upgrade early November 14th. The update improves both privacy and security for complicated transactions through new signatures that make them look like any other exchange. Would-be thieves or snoops should have a harder time recognizing when an unusual transfer is taking place.
The Taproot update should also change the Bitcoin network’s scaling by dropping the existing cryptographic system. It might be easier for the cryptocurrency to handle demand.
Source: Bitcoin’s big code upgrade improves privacy and security | Engadget
