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Seeking Alpha 2021-08-17 21:16:15

The Bitcoin Taproot Upgrade Is Bigger Than You Think

At the beginning of November, Bitcoin will undergo a major upgrade known as ‘Taproot’.Taproot will update Bitcoin’s back-end code, increase privacy, transparency, and fungibility, and improve Bitcoin’s smart contract functionality.After Taproot, the Bitcoin Network will support decentralized finance applications, oracle input data, and simple executable scripts.

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