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TERM_DEF // UPGRADES_BIPS / BIP_371_TAPROOT_FIELDS_FOR_PSBT
BIP 371 (TAPROOT
FIELDS FOR PSBT)
psbt/">BIP 371 (Taproot Fields for PSBT). PSBT fields carrying Taproot-specific metadata (internal key, leaf scripts).

This page sits in the Upgrades & BIPs section — The proposal process and the major upgrades that shaped Bitcoin. Read on for what it is, why it exists, how it works under the hood, and what to watch out for.
BIP 371 (Taproot Fields for PSBT) — at a glance
UPGRADES
BIP 371 — "Taproot Fields for PSBT" is a proposal in the PSBT family, first published in 2021 with status final. PSBT fields carrying Taproot-specific metadata (internal key, leaf scripts). Its technical mechanism: per-input/output fields for tap-key origin, leaf hashes, signatures. required for any PSBT touching Taproot outputs
Why it exists
DESIGN
BIP 371 (Taproot Fields for PSBT) exists to solve a specific problem: add Taproot-specific fields to PSBT for sigs, scripts, and key paths. Without a written, numbered spec, every wallet and node implementer would interpret the requirement differently — and Bitcoin's value depends on every implementation agreeing exactly. BIP-371 is the single source of truth for this concern, so any new client built today can match the behaviour of every client built since 2021.
Mechanism
HOW IT WORKS
Mechanically, BIP-371 per-input/output fields for tap-key origin, leaf hashes, signatures. Adoption today: required for any PSBT touching Taproot outputs.
1. Author drafts BIP-371 against the BIP-2 template — abstract, motivation, specification, rationale. 2. The text + a reference implementation are posted on the bitcoin-dev list and as a PR to bitcoin/bips. 3. Reviewers tear it apart: ambiguities, security concerns, edge cases, interaction with prior BIPs. 4. Once stable, the BIP editor merges it; it gets a number (BIP-371) and the status "draft" or "proposed". 5. Implementations land in Bitcoin Core / wallets / other clients. For consensus changes: activation parameters chosen. 6. After deployment + adoption, BIP-371 is promoted to "final"; deprecated proposals get "replaced" or "withdrawn".
BIP-371 — quick reference card
EXAMPLE
BIP number : 371 Title : Taproot Fields for PSBT Area : PSBT First published: 2021 Status : final Fork class : no Motivation : add Taproot-specific fields to PSBT for sigs, scripts, and key paths. Mechanism : per-input/output fields for tap-key origin, leaf hashes, signatures. Where it shows up : required for any PSBT touching Taproot outputs. Read the spec : https://github.com/bitcoin/bips/blob/master/bip-0371.mediawiki
OPT-IN
No authority can force a BIP on anyone. Adoption depends entirely on whether the change is genuinely useful.
NUMBERED
Stable numeric reference — BIP-371 means the same thing across every wallet, miner, and node that has read this spec.
BIP-371 is not a consensus rule — clients can implement it without coordinating with the network at large.
DEPLOYED
Implementations of BIP-371 are in production. The behaviour is observable on mainnet today.
Things that catch people out
PITFALLS
  • Don't confuse "draft" / "proposed" / "final" status — read the BIP header before relying on it in production.
  • The BIP number is just an editorial counter — it doesn't imply correctness or stability. Always cross-reference with the latest bitcoin/bips repo.

TERMINOLOGY
BIP 371 (Taproot Fields for PSBT)
PSBT fields carrying Taproot-specific metadata (internal key, leaf scripts).
Segregated Witness (SegWit, BIP 141)
The 2017 upgrade separating witness-data/">witness data, fixing tx malleability, and introducing weight units.
Taproot (BIP 341)
The 2021 upgrade introducing key-aggregable schnorr-signatures/">Schnorr signatures and Merkleized script trees.
Tapscript (BIP 342)
Script-language updates accompanying Taproot — new opcodes, removed limits.
Schnorr (BIP 340)
The Schnorr signature spec adopted by Taproot.
BIP Process
The community workflow for proposing, discussing, and tracking changes to Bitcoin.
Soft Fork Activation
The mechanism (versionbits, MASF, UASF, Speedy Trial) by which soft forks turn on.
MASF (Miner-Activated Soft Fork)
Activation triggered by miner signaling in block versions.