
Murch and Enterprise Wallets/UTXO Management - Episode 8
The Chaincode Podcast
Custody in Bitcoin and the Potential of Taproot Update
This chapter explores the concept of custody in Bitcoin and its relationship to offering banking services to Bitcoin users. It also highlights the role of custody in improving the payment experience and scaling off-chain, while emphasizing the importance of not keeping all money in custody to align with the principles of Bitcoin. Additionally, the chapter briefly touches on the upcoming Taproot update and its potential advantages in terms of transaction efficiency and privacy, concluding with some casual conversation between the speakers.
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