Pieter Wuille Unveils Two Proposals for Upcoming Bitcoin Privacy Soft Fork

Prolific bitcoin developer Pieter Wuille unveiled two Bitcoin Improvement Proposals (BIP) today that offer plans that could prove foundational to a possible upgrade to the cryptocurrency.

The two proposals, announced on the bitcoin developer email list, describe Taproot, a code change designed to increase bitcoin’s privacy. Taproot is expected to be bundled together with an upgrade called Schnorr in a soft fork that developers have been looking into for some time, paving the way for privacy and scalability improvements to bitcoin.

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