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"BIP-360: Pay-to-Merkle-Root (P2MR)"

Source: bips.dev

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<p>This document proposes a new output type: Pay-to-Merkle-Root (P2MR), via a soft fork. P2MR outputs operate with nearly the same functionality as P2TR (Pay-to-Taproot) outputs, but with the key path spend removed.</p> <p>Through this modification, P2MR outputs allow developers to use script trees

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