Cryptocurrency Q&A
Is Taproot cheaper?
Is Taproot cheaper?
Silvia
Fri Nov 29 2024
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5 answers
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I'm considering using Taproot for a project, but I'm not sure if it's the most cost-effective option. I want to know if Taproot is cheaper compared to other similar solutions in the market.
5 answers
benjamin_rose_author
Sun Dec 01 2024
Sending transactions to Taproot outputs involves a slightly higher cost compared to traditional methods.
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EmmaWatson
Sat Nov 30 2024
Consequently, there is no need to include it again in the Script Witness.
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Davide
Sat Nov 30 2024
The reason for this is that public keys occupy more space than public key hashes.
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Eleonora
Sat Nov 30 2024
Despite this, spending Taproot outputs is notably more economical.
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Giuseppe
Sat Nov 30 2024
This efficiency arises because the public key is already incorporated into the scriptPubKey.
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