What is Bitcoin's Taproot upgrade?

What is Bitcoin’s Taproot upgrade?

The decentralized currency market has been growing steadily over the last few years. As the first and major cryptocurrency, Bitcoin (BTC) is now widely used by investors who want to maintain total control of their own funds. But there is still work to be done on improving the network’s scalability and security. Now, an upcoming update called Taproot aims to solve these issues once and for all.What is Bitcoin’s Taproot upgrade?Taproot is the most recent phase in Bitcoin’s development since the upgrade attempts to improve the network’s overall usefulness by making transactions quicker, cheaper, and easier to install.Taproot...

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