Taproot Address
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Pronunciation
[tayp-root uh-dress]
Analogy
Taproot addresses are like stealth envelopes that hide the contents unless a specific condition is revealed.
Definition
Key Points Intro
Taproot adds features such as:
Key Points
Schnorr signatures: Aggregation and key tweaking.
Script path privacy: Only executed branch revealed.
Bech32m encoding: Updated checksum algorithm.
Smart contracts: More efficient MAST constructions.
Example
A Taproot address looks like bc1p5cyxnuxmeuwuvkwfem96lxy4n6h4z4y3u5u9k7.
Technical Deep Dive
Taproot output: scriptPubKey = OP_1 32‑byte tweaked public key>. Bech32m uses constant 0x2bc830a3. Spending via key path uses Schnorr sig; script path reveals only executed script in MAST.
Security Warning
Taproot adoption still growing; ensure wallet compatibility before using.
Caveat
Bech32m wallets are required; some explorers may not yet fully support Taproot tx details.
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