Cryptocurrency Q&A What is Bitcoin tap?

What is Bitcoin tap?

SophieJones SophieJones Wed Dec 25 2024 | 5 answers 736
I recently heard about Bitcoin tap and I'm curious to learn more about it. Could someone explain what Bitcoin tap is and how it works in the context of Bitcoin transactions? I'm particularly interested in its function and how it might be useful. What is Bitcoin tap?

5 answers

BlockchainLegend BlockchainLegend Fri Dec 27 2024
Its primary objectives are to bolster privacy, efficiency, and smart contract functionalities.

Was this helpful?

66
20
amelia_miller_designer amelia_miller_designer Fri Dec 27 2024
This upgrade was the culmination of extensive development and planning within the Bitcoin community.

Was this helpful?

84
65
DongdaemunTrendsetting DongdaemunTrendsetting Fri Dec 27 2024
In November 2021, the Taproot upgrade was officially activated.

Was this helpful?

353
65
TaegeukChampionCourage TaegeukChampionCourage Fri Dec 27 2024
The Taproot upgrade represents a significant advancement in the Bitcoin protocol.

Was this helpful?

86
84
BitcoinBaron BitcoinBaron Fri Dec 27 2024
This activation occurred after achieving a 90% consensus among Bitcoin miners, demonstrating widespread support for the changes.

Was this helpful?

147
88

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts