Bitcoin Optech: Universal Transactions – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we’re republishing the latest issue of this newsletter below. Remember to subscribe to receive this content straight to your inbox.

This week’s newsletter describes a proposal to allow universal transaction replacement by fee and includes the first post in a new weekly series about preparing for taproot. Also included are our regular sections describing updates to clients and services, new releases and release candidates, and notable changes to popular Bitcoin infrastructure projects.

News

Changes to services and client software

In this monthly feature, we highlight interesting updates to Bitcoin wallets and services.

Preparing for taproot #1: bech32 sending support

The first segment in a weekly series about how developers and service providers can prepare for the upcoming activation of taproot at block height 709,632.

Starting at block 709,632, expected in November, Bitcoin users will be able to safely receive payments to taproot addresses. Given the user enthusiasm for taproot and the five months that wallet developers have to implement support for it, Optech expects there to be several popular wallets that will allow their users to generate taproot addresses at the earliest possible moment.

Source