Taproot, the new update that will revolutionize the Bitcoin blockchain96

One of the most anticipated updates to Bitcoin’s scripting capabilities, Taproot, could soon see a roll-out on the Bitcoin network. First proposed in 2018, the update would expand the network’s smart contract flexibility and offer unprecedented privacy, enabling even the most complex smart contracts to be virtually indistinguishable from regular transactions.

Despite being the first and most ambitious blockchain projects ever created, Bitcoin has been heavily criticized for its lack of scalability and inability to solve the privacy problems that arise with complex smart contracts.

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