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The Cryptonomics™ > Bitcoin > segregated witness – Why is Taproot vital to Ordinals?
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segregated witness – Why is Taproot vital to Ordinals?

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Last updated: May 26, 2024 8:54 am
admin Published May 26, 2024
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segregated witness – Why is Taproot vital to Ordinals?


I’ve discovered SegWit, Taproot, Schnoor and Ordinals lately. I can perceive all these phrases. However I do not perceive why folks say Taproot makes Ordinals attainable.

Taproot is definitely the model 1 of SegWit. Earlier than Taproot, we are able to solely set model 0 when utilizing SetWit. However I believe the model 0 SegWit is already enough to implement Ordinals protocol? In the identical approach, we want 2 phases/transactions to inscribe some information:

  1. Create a P2WSH transaction to commit a script. Identical to what Ordinals does now (i.e., create a P2TR transaction to commit a script).
  2. Create a transaction to disclose the script within the witness area. Identical to what Ordinals does now.

Within the script, I can nonetheless use the OP_FALSE OP_IF ... OP_ENDIF sample to embed the inscription information into the script.

So we are able to nonetheless implement Ordinals protocol with out Taproot. Why do folks say Taproot makes Ordinals attainable?

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