waxwing on Nostr: Because wallets don't support it, because there is no economic incentive to switch. ...
Because wallets don't support it, because there is no economic incentive to switch.
MuSig is a strong reason to switch, for multisig use-cases, but it was not standardized or available in libsecp for 2 of the 3 years (something like that).
Taproot adoption was always fundamentally dependent on its adoption within lightning (at least, that's what I was saying 3 years ago and I *think* I've been proven right). When that happens I believe adoption even for non-lightning use cases will increase substantially.
But that apparently is going to take more time.
Published at
2025-05-07 15:34:14Event JSON
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"pubkey": "675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728",
"created_at": 1746632054,
"kind": 1,
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"content": "Because wallets don't support it, because there is no economic incentive to switch.\n\nMuSig is a strong reason to switch, for multisig use-cases, but it was not standardized or available in libsecp for 2 of the 3 years (something like that).\n\nTaproot adoption was always fundamentally dependent on its adoption within lightning (at least, that's what I was saying 3 years ago and I *think* I've been proven right). When that happens I believe adoption even for non-lightning use cases will increase substantially.\n\nBut that apparently is going to take more time.",
"sig": "85975978625d3a3afcc018b42744b70dd200570e91f8f77a96d5b7da1483c09331c828e75351ffd8d3886280cd6983ffe0c05ee8c6733adb1e2922894636a113"
}
