Bitcoin just received a significant upgrade. As The Blocknotes, the Bitcoin network rolled out a long-in-the-making “Taproot” code upgrade early today (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…
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