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Glite Dictionary
Taproot

Taproot

9.8
A 2021 Bitcoin upgrade that improves transaction privacy and allows more flexible smart contracts
  • proper noun
  • Specialized
translation icon : Taproot
  • And Schnorr Taproot is really the first protocol change in three, almost four years now.

And Schnorr Taproot is really the first protocol change in three, almost four years now.

Examples

  • So today I'm going to talk about mast, Taproot and Graft root.

  • On the north of the island, I know several people who regularly walk to the Taproot or BSC to meet with friends.

    Blog text (6)

  • During a webinar hosted by the Taproot Foundation on Wednesday,

    Blog text (29)

  • In 2021, the Bitcoin community celebrated the introduction of Taproot, a significant upgrade to enhance privacy and scripting.

  • The development of Taproot brought new capabilities to Bitcoin, allowing for more sophisticated smart contracts.

  • Experts believe that Taproot will improve the overall efficiency of transactions and bolster user privacy on the Bitcoin network.

How Private

mixer
  • NSFW
9.2
Taproot
  • Specialized
9.8

Surface Forms

Taproot main

Etymology

Taproot comes from the plant word made of tap and root, meaning the 'main root' that grows deep and hides smaller roots. Bitcoin used this image: the upgrade makes many different smart-contract paths look like one 'main path', hiding details and so improving privacy.