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It is an instantiation of a Bitcoin soft fork that is intended to improve both the privacy as well as the other aspects that are tied to more complex transactions. The taproot is being touted as one of the most interesting and significant upgrades to Bitcoin following the introduction of SegWit to the blockchain of cryptocurrency. Additionally, it also makes it possible to conceal that a Bitcoin script has run altogether. Thus, anyone monitoring the blockchain could just see the peer-to-peer transactions even where the more complex methods have been implemented.

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