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segregated witness – Is there some extent to utilizing taproot transactions over P2WSH if I solely wish to use the script path?

Cryptoadmin by Cryptoadmin
December 2, 2024
in Crypto News
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segregated witness – Is there some extent to utilizing taproot transactions over P2WSH if I solely wish to use the script path?
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See query: Is there an financial incentive to make use of P2WSH over P2TR?

The reply is, should you’re completely positive you do not want any of Taproot’s options, then a P2TR enter prices a bit greater than a P2WSH enter with the identical script.

Nevertheless, Taproot does have options that could possibly be helpful to you:

  • Script tree: Splitting a script into a number of different circumstances and solely revealing certainly one of them when spending is ideal for HTLCs.
  • PTLCs: Level Time Locked Contracts are a extra environment friendly and personal different to HTLCs. A profitable execution of a PTLC would not want to make use of the script path in any respect.
  • Privateness: As a result of P2TR combines key and script spending, an unspent P2TR output reveals much less info than both a P2WPKH or P2WSH output. Moreover, P2TR outputs are already extra widespread than P2WSH outputs, so that you would possibly wish to select the bigger anonymity set.
Tags: P2WSHPathpointscriptsegregatedtaprootTransactionswitness
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