Today news
About the same in other media
BREAKING: The Bitcoin network welcomes Taproot soft fork upgrade
Reading now: 802
The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading layer-two solution, the Lightning Network and Segregated Witness (SegWit).
The Taproot upgrade aims to improve the scripting capabilities and privacy of the Bitcoin network. To do this, the soft fork introduces the concept of Merkelized Abstract Syntax Tree (MAST). According to a Taproot-dedicated website run by prominent Bitcoin developer Hampus Sjöberg:
Speaking to Cointelegraph, Sjöberg pointed out that Taproot activation shows that Bitcoin can do
Read more on cointelegraph.comAbout this in other media
Texan Bitcoin mining power demands could jump 5 times by 2023 cointelegraph.com /2 years ago
Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger cointelegraph.com /2 years ago
Bitcoin miner to go public on Nasdaq after $4B SPAC merger cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
