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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Coinbase Enables Bitcoin Transfers to Taproot Addresses

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The post Coinbase Enables Bitcoin Transfers to Taproot Addresses appeared first on Coinpedia Fintech News

Coinbase announced that users can now send Bitcoin to Taproot addresses, enhancing transaction privacy. Taproot, a key Bitcoin upgrade activated in November 2021, improves privacy by making complex transactions appear like ordinary ones. This upgrade introduces a new address format starting with “bc1p,” replacing the older “bc1q” format. The change is designed to streamline Bitcoin transactions while maintaining greater privacy for users. Coinbase’s integration of Taproot marks a significant step forward in the adoption of enhanced privacy features within the Bitcoin network.

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