When you create a @nprofile1q... inheritance wallet, you should definitely activate Taproot.
This offers the privacy advantage that only the spending path of your wallet that was actually used is disclosed.
Normally, everything would be disclosed immediately.
In this example, I created a multi-signature Liana inheritance wallet and made a multi-signature transaction.
The spending path of the Liana script, which I can spend after a certain period of time, is not yet shown on the Bitcoin blockchain at this point.
Why is anything displayed on the Bitcoin blockchain at all?
Until now, it was not technically possible to display content directly on the Bitcoin blockchain.
Since the introduction of Taproot, this has become fundamentally possible. However, the currently available Taproot is not sufficient – it requires more complex Taproot scripts, such as MuSig or MuSig2.
These scripts have not yet been implemented, as the implementation has proven to be much more complicated than initially expected.
Here is a video by the creator of our @SpecterDIY, who explained three years ago in a presentation why the whole thing is so complex:
https://www.youtube.com/watch?v=8uM-v1pSFgs&t
This offers the privacy advantage that only the spending path of your wallet that was actually used is disclosed.
Normally, everything would be disclosed immediately.
In this example, I created a multi-signature Liana inheritance wallet and made a multi-signature transaction.
The spending path of the Liana script, which I can spend after a certain period of time, is not yet shown on the Bitcoin blockchain at this point.
Why is anything displayed on the Bitcoin blockchain at all?
Until now, it was not technically possible to display content directly on the Bitcoin blockchain.
Since the introduction of Taproot, this has become fundamentally possible. However, the currently available Taproot is not sufficient – it requires more complex Taproot scripts, such as MuSig or MuSig2.
These scripts have not yet been implemented, as the implementation has proven to be much more complicated than initially expected.
Here is a video by the creator of our @SpecterDIY, who explained three years ago in a presentation why the whole thing is so complex:
https://www.youtube.com/watch?v=8uM-v1pSFgs&t