Bitcoin Just Applied a Significant Security Upgrade

Published by
InsideHook

By Tobias Carroll This weekend, Bitcoin got a lot more secure. As reported at The Block, the upgrade — known as Taproot — went live on Sunday when the Bitcoin blockchain reached a certain milestone. “Taproot introduces Schnorr signatures that can make more complex transactions on Bitcoin — such as those from multi-signature wallets — look like just any other transaction,” explained The Block’s Wolfie Zhao. This, in turn, heightens the platform’s overall security. As J. Fingas reported at Engadget, this change will make it harder for malicious actors to determine when a large transaction is tak…

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