Taproot

GPTKB entity

Statements (110)
Predicate Object
gptkbp:instance_of gptkb:blockchain_technology
gptkb:Windows_Update
gptkbp:affects transaction types
gptkbp:allows more complex transactions
more efficient smart contracts
gptkbp:collaboration gptkb:Bitcoin_developers
gptkbp:developed_by gptkb:Bitcoin_Core_developers
gptkbp:development aims to improve Bitcoin's functionality
was anticipated by the community
gptkbp:enables gptkb:Schnorr_signatures
gptkbp:enhances multi-signature transactions
gptkbp:feature gptkb:Bitcoin_Core_0.21.1
enhances user experience
enhances Bitcoin's capabilities
improves transaction privacy
increases Bitcoin's flexibility
supports advanced scripting capabilities
gptkbp:historical_achievement Bitcoin development
https://www.w3.org/2000/01/rdf-schema#label Taproot
gptkbp:improves scalability
privacy
smart contracts
transaction efficiency
gptkbp:includes gptkb:Schnorr_signatures
gptkbp:increased transaction privacy
gptkbp:is_a_key_component_of Bitcoin's future upgrades
gptkbp:is_a_major_enhancement_for Bitcoin users
gptkbp:is_a_significant_change_to Bitcoin protocol
gptkbp:is_a_significant_improvement_for Bitcoin transactions
gptkbp:is_a_significant_upgrade_for gptkb:Bitcoin_network
gptkbp:is_a_solution_for transaction malleability
gptkbp:is_a_technological_advancement_in gptkb:cryptocurrency
gptkbp:is_adopted_by exchanges
wallet providers
gptkbp:is_aimed_at improving user privacy
gptkbp:is_analyzed_in gptkb:academic_research
financial analysts
cryptographers
gptkbp:is_beneficial_for multi-signature transactions
gptkbp:is_compatible_with gptkb:Lightning_Network
existing Bitcoin transactions
gptkbp:is_considered_as major upgrade
a milestone in Bitcoin's development
future of Bitcoin
gptkbp:is_criticized_for complexity
gptkbp:is_described_as tutorials
technical papers
gptkbp:is_designed_to reduce transaction size
simplify complex transactions
gptkbp:is_discussed_in online courses
Bitcoin community
Bitcoin forums
Bitcoin meetups
gptkbp:is_documented_in gptkb:BIP_341
gptkb:BIP_342
gptkb:Bitcoin_Improvement_Proposals
gptkbp:is_evaluated_by gptkb:developers
security audits
gptkbp:is_expected_to benefit developers
enhance De Fi on Bitcoin
increase Bitcoin adoption
reduce fees
gptkbp:is_explored_in blockchain conferences
gptkbp:is_implemented_in gptkb:Bitcoin_Core_0.21.1
gptkbp:is_influenced_by previous Bitcoin upgrades
gptkbp:is_linked_to Bitcoin governance
Bitcoin's scalability solutions
gptkbp:is_part_of gptkb:Bitcoin_Improvement_Proposal_341
Bitcoin ecosystem
Bitcoin protocol
the Bitcoin ecosystem
Bitcoin's future upgrades
Bitcoin's ongoing evolution
Bitcoin's roadmap
a series of upgrades
gptkbp:is_promoted_by blockchain influencers
Bitcoin advocates
gptkbp:is_related_to Bitcoin scalability
Bitcoin's scalability solutions
cryptocurrency privacy
gptkbp:is_supported_by mining pools
community funding
various wallets
developers community
major Bitcoin wallets
gptkbp:is_tested_for gptkb:developers
gptkb:Na'vi
mainnet
gptkbp:is_used_in decentralized finance (De Fi)
gptkbp:modifications affects Bitcoin's transaction model
was implemented through a soft fork
was proposed to enhance Bitcoin's privacy
gptkbp:originated_in greater fungibility
gptkbp:proposed_by gptkb:Bitcoin_developers
gptkb:Greg_Maxwell
gptkb:2020
was widely discussed
gptkbp:purpose Enhance privacy and efficiency of Bitcoin transactions
gptkbp:reduces transaction size
gptkbp:released_on November 2021
gptkbp:status Implemented
gptkbp:uses gptkb:Merkelized_Abstract_Syntax_Trees_(MAST)
gptkbp:was_a_response_to growing demand for privacy
gptkbp:was_a_result_of community feedback
years of research
gptkbp:was_activated_on November 14, 2021
gptkbp:was_implemented_after community consensus
gptkbp:bfsParent gptkb:Bitcoin
gptkb:Dandelion
gptkbp:bfsLayer 4