Taproot
Protocol
Bitcoin upgrade that improves privacy and flexibility.
Taproot extends SegWit to make complex spending conditions look similar to simple ones, which improves privacy and reduces data size in many cases. It also enables more flexible multisig and script paths that are efficient on chain. To benefit, use a wallet that supports Taproot addresses and features. Test with small amounts, confirm address formats, and keep backups of your seed phrase so you can recover funds if a device fails.
Frequently asked questions
What did Taproot add?
It enabled more efficient scripts and Schnorr style signatures for simpler, more private spends.Do I need a Taproot address?
You need a wallet that supports bc1p addresses to receive Taproot outputs. Many wallets support spending to Taproot.Does Taproot make transactions private?
It helps typical spends look similar, but it is not full privacy. Use good hygiene and reputable tools.