I heard that Taproot is a significant upgrade for Bitcoin, enhancing privacy, scalability, and security. I'm curious if Coinbase, as a leading cryptocurrency exchange, supports this Taproot upgrade, allowing users to send and receive
Bitcoin to Taproot addresses.
7 answers
JejuSunrise
Mon Dec 02 2024
Taproot is a new feature in the
Bitcoin network that enhances privacy and efficiency.
FireflySoul
Mon Dec 02 2024
By supporting Taproot, Coinbase is aligning itself with the latest advancements in Bitcoin technology.
Eleonora
Mon Dec 02 2024
Coinbase has recently made a significant update for
Bitcoin users.
CryptoLegend
Mon Dec 02 2024
Coinbase is not the only exchange to have made this move.
Michele
Mon Dec 02 2024
Several other leading exchanges, such as Kraken and OKX, have also activated support for Taproot transactions.