Saturday, 8 May 2021

Funny thing about the next update on the BTC network, Taproot.

The next big update on BTC, will add Schnorr signatures; so make it simple, it is a kind of signature that you can have only 1 signature for every input of a transaction, making the use of mixers and multisig transactoons cheaper and more private, since the mixing and multsig transaction are smaller due to less signatures.

It will make BTC faster, cheaper and more private, seems cool and new right?

The funny part is that Bitcoin Cash have Schnorr signatures since 15 May 2019, yet BTC users treat this as a huge thing, cool to see hos muh Bitcoin Cash is ahead.

submitted by /u/Nerd_mister
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source https://www.reddit.com/r/btc/comments/n7hrqp/funny_thing_about_the_next_update_on_the_btc/

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