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Re: Users who spread false/fake/unhelpful information on technical board
by
ABCbits
on 04/02/2024, 12:20:58 UTC
User: Prince_vlad

Tap root is a significant upgrade with the adoption of bitcoin core version 0.21.0. It introduces several improvements, including enhanced privacy, improved smart contract flexibility and increased efficiency
Tap root address is a pay to public key hash (p2pkh) address that utilizes the new taproot script. Tap root addresses provide increased privacy by allowing multiple parties to collaborate on complex transactions without revealing the details of the transactions script. It also enables more advanced smart contract capabilities. With taproot complex smart contracts can be represented as a single public key, known as taproot key. This shows that more sophisticated transactions can be implemented simply using taproot addresses

1. Off-topic response since the thread asking about generating Taproot address with Python.
2. Taproot address (P2TR) is NOT P2PKH address.
3. Taproot actually improve privacy by only revealing used/necessary portion of the script.
4. Not all script/smart contract can be represented as a single public key.

Installating bitcoin core requires several steps which may yet depending on the operating system involved
The first step however is downloading bitcoin core software by visiting the official bitcoin website (bitcoincore.org) choose the appropriate version for your operating system
Once downloaded proceed the installation process by following the on screen instructions
- initial synchronization; after the installation is complete the software will begin the process of synchronization with the bitcoin network , which involves downloading the entire blockchain history. Although this may take time depending on the speed of the internet and the current size of the blockchain
-secure the wallet; It is required to encrypt your wallet with a strong passphrase for added security,
Also regularly check for new versions and security updates by keeping up to date with the latest releases

1. Off-topic response since the thread asking about verifying Bitcoin Core file.
2. "Choose the appropriate version"? When newer version of Bitcoin Core released, usually it's available for all supported OS. People should choose latest version, unless they have very specific need.
3. Computer hardware also play big factor on duration of initial sync.