Support for Taproot now merged in LND \ stacker news ~bitcoin

Support for Taproot now merged in LND github.com/lightningnetwork/lnd/pull/6263

179 sats \ 4 comments \ @nout 25 Mar 2022 bitcoin

0 sats \ 2 replies \ @phaedrus 26 Mar 2022

Can someone summarize the impact of this?

Better privacy because opening/closing channels won’t be different from regular on-chain transactions?

40 sats \ 1 reply \ @k00b 27 Mar 2022

I believe that's the taproot support this adds, at least by elimination, because it'll likely be a long time before we get PTLCs. I believe all channel opens now just look like any other pay to taproot transaction. Grain of salt though because I still haven't done my taproot homework.

0 sats \ 0 replies \ @k00b 1 Apr 2022

Actually, I think all this does is support taproot in the lnd on-chain wallet. I'm not sure it does anything for the lightning related txs yet. This is the update the PR makes to the release notes:

The internal on-chain wallet of lnd is now able to create and spend from Taproot (SegWit v1) addresses. Using lncli newaddress p2tr will create a new BIP-0086 keyspend only address and then watch it on chain. Taproot script spends are also supported through the signrpc.SignOutputRaw RPC (/v2/signer/signraw in REST).

0 sats \ 0 replies \ @thenewgold_btc 26 Mar 2022 freebie

exciting