Taproot, the Long-Awaited Bitcoin Upgrade

With all its problems and issues, Bitcoin has always been the de facto cryptocurrency leader. Consequently, every crypto investor or enthusiast has always seen BTC as a key investment step and the largest hope in achieving mass adoption of cryptos worldwide. However, the Bitcoin blockchain has not had any major upgrades for about 4 years since the launch of SegWit in 2017. As a result, major issues still exist in the form of security, privacy, and scalability. The taproot upgrade…