Bitcoin Taproot Upgrade – BTC Taproot Explained | Trust Machines

Updates to Bitcoin’s protocol are rare and are generally reserved for minor technical enhancements to the network’s coding. Unlike most other chains, Bitcoin has remained relatively consistent since its inception. Changes are often unhurried and methodically calculated to ensure the stability and security of the network. Most alterations are minor and designed to slightly enhance Bitcoin’s efficiency, rather than its functionality.

However, the Taproot upgrade was a remarkably important event for users across the entire Bitcoin network.

In this article, we will aim to provide Bitcoin users with a comprehensive, non-technical overview that explains the key impacts Taproot will have on the network and its users.