May 7: How Taproot will benefit hardware wallets

How Taproot will benefit hardware wallets

The latest Bitcoin upgrade - Taproot - will change how Bitcoin works, for the better. It improves how transactions are signed, removes unnecessary information such as whether any smart contracts were involved, and reduces the overall amount of data needed to send a transaction. This has positive implications for privacy, and will allow a greater number of complex transactions to fit into one block, increasing network efficiency… read more.