The all-new version of the original software of Bitcoin promises to bring better performance and improvements in privacy, security and experience
Since the original software of Bitcoin was launched by its creator Satoshi Nakamoto, its new version has been released recently. About 132 developers worked on Bitcoin Core 23.0 for seven long months to bring tangible improvements to the wallet of Bitcoin Wallet, including peer to peer network and communication, fees estimation, and so much more.
New updates will include a Wallet upgrade where Bitcoin Core has enabled the users to choose their new Taproot address types while creating a new wallet. Although the feature does not default in the system, many wallets in the ecosystem could not send to Taproot addresses yet. The user has now been given the option to create the receiving address of Taproot in newly created wallets.
Another feature added is that descriptors have now defaulted on Bitcoin Core wallets while creating a significant change that promises bitcoin funds a better backup and recovery process. From now on, after the update, the format where the address begins with ‘bc1’ is titled Bech32address. This will have an interesting property now that would enable us to spot the possible typos. However, this feature was not applicable until the Bitcoin Core 23.0 upgrade was there, from which users could benefit from that.
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More to this, Bitcoin Core will have an alert for users about more than two errors in a Bech32 address. Currently, the tool is only available on the command line through the ‘validate address’ RPC. However, the plans are to integrate the feature into Graphical User Interface or GUI in future. It would work so easily that whenever two or more errors were made by the user while typing out the address, then the tool of typo finding cannot guarantee any success.
Now Freezing Tokens will also be there after the Bitcoin Core update, where users have had the option to choose which coins or unspent transaction output or UTXOs are to use during a transaction for years now. But to use UTXOs every time, this coin control feature would require manual selection, which is a tiring process that is highly vulnerable to error.
Other than these, several features would include peer to peer communication after removing Port 8333 preference and supporting the CJDNS network. Along with these, fees estimation will also be better while user experience will be smooth after supporting userspace and tracepoints through statically defined tracing.
Source: https://www.thecoinrepublic.com/2022/04/27/whats-new-in-the-newly-released-bitcoin-core-23-0/