williamson🧙🏻‍♂️ | BIP-420 🐱

3 times rug pull survivor

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

Those 0.2BTC are now mine @TaprootWizards @s4pphire1337

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

7/7 In summary, Taproot is a major step forward for Bitcoin, enhancing its functionality and paving the way for the future of decentralized finance! 🥳📷 #Taproot

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

Gmeow bitcoin maxis! Today we will discuss #SpookySoftForks of bitcoin with @quantumcats. Specifically BIP 340, 341, and 342 - the TAPROOT upgrade, the first major upgrade to Bitcoin since 2017 following the SegWit upgrade and the introduction of the Lightning layer-2.

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

6/7 How did it affect Bitcoin? Taproot improved privacy and efficiency, encouraging innovation in the ecosystem. Developers have more tools to create advanced financial products, and users benefit from cheaper transactions! 💡

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

Educating Burger King🍟customers about #OP_CAT
#CATDonalds @TaprootWizards

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

As previously described in this thread all the fees are payed from a different account, not from the vault. This means a scammer/drainer won't be able to burn all your balance by setting a huge fee on withdrawal transaction.

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

Today i will tell you about vaults on bitcoin and togerther we will try to understand how they work and why do we need them. Let's go!
@quantumcats
#OP_CAT #OP_CAT_VAULT

[williamson🧙🏻‍♂️ | BIP-420 🐱 @WillVlinder]

Here you have two options:
1. Cancel the first transaction and return funds to the vault.
Or:
2. Complete the withdrawal after a relative timelock (20 blocks).
By the way this implementation has one interesting feature😉