Taproot Security Discussion – Bitcoin Magazine: Bitcoin News, Articles, Charts & Guides

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As discussed in previous episodes, Taproot is an upgrade to the Bitcoin protocol that will make smart contracts more compact, private, and resilient. Van Wirdum and Provoost have also discussed the Taproot upgrade process in previous episodes, including the Bitcoin Core Speedy Trial activation method.

About a week ago, the speedy trial signal threshold was reached, which means Taproot is closed and will be activated later this year. The hosts went into more detail about exactly what this means, and what needs to happen before Taproot can eventually be used on the Bitcoin network safely. Provoost also explained how upcoming Bitcoin Core releases will handle the Taproot upgrade, and what the Bitcoin Core wallet software will and won’t enable, while also touching on potential use cases enabled by the upgrade.

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