Taproot is Locked! Don’t understand what that means and at this point you’re too afraid to ask?

Aaron van Wirdum posted a bunch of his articles about Taproot. https://threadreaderapp.com/thread/1403701284495110145.html For years now, Bitcoin developers have been wanting to implement Schnorr signatures on the Bitcoin protocol. https://bitcoinmagazine.com/culture/the-power-of-schnorr-the-signature-algorithm-to-increase-bitcoin-s-scale-and-privacy-1460642496 Among other things, Schnorr signatures would enable a new type of smart contracts, sometimes referred to as Scriptless Scripts. https://bitcoinmagazine.com/technical/scriptless-scripts-how-bitcoin-can-support-smart-contracts-without-smart-contracts Meanwhile, Read more…

Can Bitcoin Get Even Stronger?

From Bitcoinpasada: This article examines how #Bitcoin achieves censor resistance from a networking design perspective, and why there is no way to fundamentally improve on Satoshi’s network design choices. Back to basics: how Satoshi designed Bitcoin for censor resistance TL;DR: Crypto networks require a speed limit to ensure censor resistance, Read more…