Biggest upgrade to the Bitcoin network since 2017
Unlike most Bitcoin upgrades, this one has had little to no strife; The community is excited!
BIP 340- A cryptographic program that makes difficult transactions more safe and secure.
BIP 341- improves the SegWit upgrade by making it more private and lowering transaction fees.
BIP 342- reforms Bitcoin's scripting language and introduces "Tapscript," which changes how signatures are evaluated. (not sure of the implications).
In sum, cheaper transactions, more secure and private, and more scalable. Although, this upgrade isn’t massive, it’s laying the groundwork for future plans.
Happy HODLing!
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