Coinbase Enables Bitcoin Transfers to Taproot Addresses

Coinbase announced that users can now send Bitcoin to Taproot addresses, enhancing transaction privacy. Taproot, a key Bitcoin upgrade activated in November 2021, improves privacy by making complex transactions appear like ordinary ones. This upgrade introduces a new address format starting with “bc1p,” replacing the older “bc1q” format. The change is designed to streamline Bitcoin … source: https://coinpedia.org/crypto-live-news/coinbase-enables-bitcoin-transfers-to-taproot-addresses/