See original
LIVE
BitHappy
--
SegWit and Taproot, the technical foundation of Bitcoin ecosystem
This is a #比特币生态 series of articles, aiming at systematic learning and building a more complete knowledge system.
This article is the second one. The Bitcoin ecosystem is a narrative triggered by technology. SegWit and Taproot upgrades are the cornerstones of the Bitcoin ecosystem. Without these two upgrades, there would be no Ordinals and Inscriptions.
➤ Bitcoin Upgrade: SegWit
When Bitcoin was designed, it was stipulated that a block occupies 1M of space, and this size limits the amount of transactions that each block can accommodate.
Due to some historical or cultural reasons, modifying the block size could not be implemented, so developers started with transactions. In 2017, Bitcoin underwent an upgrade called Segregated Witness.
This article is the second one. The Bitcoin ecosystem is a narrative triggered by technology. SegWit and Taproot upgrades are the cornerstones of the Bitcoin ecosystem. Without these two upgrades, there would be no Ordinals and Inscriptions.
➤ Bitcoin Upgrade: SegWit
When Bitcoin was designed, it was stipulated that a block occupies 1M of space, and this size limits the amount of transactions that each block can accommodate.
Due to some historical or cultural reasons, modifying the block size could not be implemented, so developers started with transactions. In 2017, Bitcoin underwent an upgrade called Segregated Witness.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
