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0 sats \ 2 replies \ @phaedrus 26 Mar 2022 \ on: Support for Taproot now merged in LND bitcoin
Can someone summarize the impact of this?
Better privacy because opening/closing channels won’t be different from regular on-chain transactions?
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.
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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 oflnd
is now able to create and spend from Taproot (SegWit v1) addresses. Usinglncli newaddress p2tr
will create a new BIP-0086 keyspend only address and then watch it on chain. Taproot script spends are also supported through thesignrpc.SignOutputRaw
RPC (/v2/signer/signraw
in REST).
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