Bitcoin’s Taproot And Hardware Wallets

Bitcoin’s Taproot And Hardware Wallets

Technology
December 11, 2021 by mvp00
9
Taproot recently activated on Bitcoin’s mainnet. The inclusion in Bitcoin’s protocol, however, is only the first step in actually reaping the benefits of Bitcoin’s latest upgrade. “It’s been a long story that started in a diner in Los Altos, CA where Greg Maxwell, Andrew Poelstra and I somewhere in January 2018 had lunch.” – Pieter Wuille’s thread
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Taproot recently activated on Bitcoin’s mainnet. The inclusion in Bitcoin’s protocol, however, is only the first step in actually reaping the benefits of Bitcoin’s latest upgrade.

“It’s been a long story that started in a diner in Los Altos, CA where Greg Maxwell, Andrew Poelstra and I somewhere in January 2018 had lunch.” – Pieter Wuille’s thread on the backstory of Taproot development and activation

The recent Bitcoin upgrade may be hard to grasp for non-technical bitcoiners — but that’s only when we focus on what it is and how it works on a technical level. That is the usual problem with communicating all things Bitcoin; sometimes we focus too much on the “what” and “how” of various Bitcoin elements, while overlooking the “why.”





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