Representation of virtual currency Bitcoin and a padlock are placed on a computer motherboard in this illustration picture taken on May 4. Photo: Reuters
Representation of virtual currency Bitcoin and a padlock are placed on a computer motherboard in this illustration picture taken on May 4. Photo: Reuters
Bitcoin

Bitcoin to get more privacy features in Taproot update, making it harder to trace payments

  • The bitcoin network has approved a new update called Taproot to enhance privacy for users, which some say could change the way payments and derivatives are made
  • Proponents hope the update will make the bitcoin network friendlier to developers, as the more feature-rich Ethereum network has remained more attractive

Representation of virtual currency Bitcoin and a padlock are placed on a computer motherboard in this illustration picture taken on May 4. Photo: Reuters
Representation of virtual currency Bitcoin and a padlock are placed on a computer motherboard in this illustration picture taken on May 4. Photo: Reuters
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