() developer has unveiled two proposals on for a Taproot in a to the mailing list on May 6.
is a solution that aims to combine the advantages of Merkelized Abstract Syntax Tree (MAST) and the Schnorr signature scheme in order to reveal less information after a transaction takes place.
MAST allows for the alternative possibilities of how a transaction could have occurred to remain private, and Schnorr allows for a MAST-enabled transaction to occur without revealing that MAST was used to check transaction conditions.
In Wuille’s memo, he notes that the following points are addressed in the proposals:
“Taproot to make all outputs and cooperative spends indistinguishable from each other. Merkle branches to hide the unexecuted branches in scripts. Schnorr signatures enable software to use key aggregation/thresholds within one input.”
As Cointelegraph has previously covered, is a feature of that is expected but in actuality does not exist to a high degree. balances and addresses are public, and can be viewed on an open web explorer.
As Cointelegraph previously , soft forked in 2016 with the release of Segregated Witness (), also announced by Wuille. The purpose of this softfork was to provide a solution by improving the block size.
Published at Tue, 07 May 2019 01:29:21 +0000
