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50 sats \ 3 replies \ @optimism 9h \ parent \ on: Sunday Survey: Was Taproot a good thing for Bitcoin? bitcoin
My hot wallet is, by utxo count, 97% taproot. My cold storage is 100% taproot but I did that much too early and should have waited for greater adoption and rolled over to a new p2wpkh setup instead.
I remember p2sh taking forever to get used too though, would you say that that was a disaster too?
Between you and @nout we've found the bulk of Taproot outputs....
Why do you use it? What's it doing it wasn't before?
The disaster is in the precedent it set, that useless forks can be astroturfed into activation... And now every shitcoiner that thinks Bitcoin should be an application stack is pushing for new ops
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Us and a bunch of degens spamming pics, I guess.
Why do you use it?
On hot wallet basically because its what wasabi coinjoin does most for smaller sized outputs, so it's just a thing for joining the larger anonset. I do think that this is a more recent development; iirc i used to have more p2wpkh before. I don't really care either way on hot. Most of it gets spent through LN often sooner rather than later.
On cold wallet, the honest answer is because i thought it was cool that an observer doesn't know whether its a script or a pk output. Which is, I admit, a dumb reason and i should have skipped it until at least there was a battle tested FROST implementation I could use. So yeah... feel free to call me a retard on that one.
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wasabi coinjoin
oh no... I have to get to work today so won't take the privacy bait ;)
but yea with hot its fine for experiments
Cold ... frost ... retard
Privacy again oof...
FROST is an interesting concept though, have looked at it in context of nostr identity re: @bitcoinplebdev's project... but not convinced yet on the Bitcoin side it's any better than multisig or shamir, I also don't spend much time thinking about vaulting products... yet. I do anticipate getting into that rabbit hole for ShockWallet eventually. The ultimate irony would be if I'm the one to actually make it useful.
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