Taproot Wizards Reveals Bitcoin’s Onchain Payment Struggles During $15M Sale

Taproot Wizards Reveals Bitcoin'S Onchain Payment Struggles During $15M Sale



According to Udi Wertheimer, founder of Taproot Wizards, sending Bitcoin onchain is a poor payment experience despite the hype surrounding the leading crypto asset. After the recent demise of high-volume sales using bitcoin, Wertheimer listed several pain points with onchain payments, including long confirmation times, lack of payment volume enforcement, high fees and insufficient lightning. […]

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