Cash App to Add Bitcoin Taproot Support by December
- Money App will add help to Taproot, Bitcoin’s newest improve, by December 1.
- Over time, customers could profit from the improve’s enhanced privateness options, decreased transaction charges, and higher sensible contracts.
- Taproot went stay on the Bitcoin community on November 14 at block 709,632.
Money App will add help to the Taproot Bitcoin improve by December 1, the corporate stated in a press release. The extremely anticipated improve went stay within the Bitcoin community on November 14 at block 709,632, and the monetary companies app owned by Sq. will roll out help for taproot addresses by early subsequent month.
“To make sure a seamless replace, we’ll verify that the mainnet Taproot activation is working as anticipated earlier than rolling it out to all prospects,” per the statement. “By December 1, 2021, all Money App prospects ought to be capable of ship bitcoin to Taproot-enabled wallets.”