What is bitcoin termed taproot?
Could you elaborate on what is meant by the term "taproot" in relation to Bitcoin? As I understand, Bitcoin's technology evolves over time with various upgrades and improvements. Is "taproot" a new feature or a specific aspect of Bitcoin's code? If so, how does it enhance the cryptocurrency's functionality? What are the key benefits that taproot introduces, and how does it compare to previous updates? As an expert in the field, your insights would be greatly appreciated in clarifying this topic.