Ethereum: What are “leaf versions” in Taproot?

Taproot Power Unlock: Ethereum’s “Magazine List” Understanding

One of the most innovative cryptocurrency in the market is constantly evolving to ensure its safety, scalability and usability. One of these updates is Taproot, a highly expected feature that aims to significantly improve network efficiency and anonymity. In this article, we look at which “magazine versions” are because they differ from Segwit versions when you can update them, and the current state of Ethereum’s Taproot implementation.

What are the versions of magazines?

The versions of the magazines are the Taproota key component designed to reduce the amount of memory needed for events on the Ethereum network. The term “magazine” suggests that these new blocks contain only leaf knots (ie there is no event information) and simply refers to the hash of the previous block.

In other words, the versions of the magazines include a method of creating new blocks so that they do not need to include any previously used information, allowing for a faster processing time. This approach is particularly useful when dealing with large quantities of events as it reduces computer load online.

What are Segwit versions?

The Segwit version, introduced by Bitcoin in 2011, was an important update that significantly increased the ability of the Bitcoin network to solve big events. The term “Segwit” indicates “a separate witness”, which means that each block consists of two parts: a title (containing information about current status) and a list of events (containing individual events).

Segwit versions are designed to improve the scalability and usefulness of the Bitcoin network, which facilitates users to send large amounts of information. However, Segwit had expired due to various technical issues and restrictions.

What are the versions of magazines different than segwit versions?

In brief:

* Magazines versions : The new blocks of the taprooto are created without transmission data (only previous hash -block), which makes them much faster than traditional transactions based on the block.

* Segwit

: This was an improvement compared to traditional bitcoin, which made it more efficient and user work.

When can I update the magazine versions?

Tim Ethereum announced that the implementation of the taproot is gradually performed. So far, only the Mainnet (primary Ethereum Network) supports taproot. The first major updates are expected to appear in the following steps:

* Mainnet : Step 1 – June 2023

* Ropsten Testnet : Step 2 – July 2023

How many versions do you have?

Ethereum currently has two primary versions: Mainnet and Testnet. The next generation of Ethereum has two additional versions known as the Ropten and Beacon chain.

–
Mainnet : As mentioned earlier, this is the primary network that supports taproot.

–
RoPsten Testnet : This network supports future updates and features before integration in the mention.

–
Beacon LAN : Secondary test network to test and evaluate the new protocol.

conclusion

The introduction of the version of Taproot magazines represents a significant turning point in the development of Ethereum, which enables faster, more efficient events online. As this technology is still matured, we can expect better scalability and usability than the next update phase.