Bitcoin Taproot upgrade finally locked-in, activation set for November
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November. The Taproot upgrade has achieved the first significant milestone on the road to activation as 90% of the Bitcoin (BTC) mining hash rate signaled for the protocol improvement within the current difficulty epoch.Data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, shows the lock-in stage is now completed.All recognized mining pools signaled for the upgrade with Slush Pool being the first to do so. It is perhaps fitting that....
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Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization. The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support.According to data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, Taproot signaling now accounts for about 44% of the total Bitcoin hashing power as of the time of writing.AntPool and F2Pool — the two largest Bitcoin mining pools by hash rate — are among the....
The Bitcoin Taproot upgrade will activate later in 2021 as developers urge to create applications that will leverage its advantages. On June 12, Bitcoin (BTC) mining pool Slush Pool mined block 687,285 with the transaction including a Taproot upgrade activation signal. That particular block was the 1,816th to include a signal for Taproot activation by a BTC miner within the difficulty epoch that lasted from May 30 to June 13.With 2,016 blocks created every difficulty period, crossing 1,816 blocks with a Taproot activation signal satisfied the 90% signaling threshold required to lock in the....
On Friday, June 11, 2021, data shows that Taproot could get locked-in this coming weekend, as the signal ratio is 98.3% and a touch more than 100 additional signaling blocks are needed to lock in the upcoming soft fork. Bitcoin Upgrade Taproot Inches Toward Lock-in, Success Means Activation in November Participants involved with the Bitcoin (BTC) network are preparing to see a softfork in November if the signaling status of “Speedy trial support for versionbits #21377” gets locked in this weekend. According to the Github “Taproot-Activation” documentation, the....
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Sunday, November 14, 2021, and the upgrade is considered one of the largest changes the protocol has seen since Segregated Witness (Segwit) went live in 2017.
Bitcoin Upgrade Taproot Expected to Activate on Sunday
Taproot is expected to activate and go live on the main network on Sunday, November 14, 2021, following the lock-in period this past....
The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web portal taproot.watch indicates that the lock-in period of signaling has finished. “This period has reached 1815 Taproot signaling blocks, which is required for lock-in.” The Taproot upgrade is considered one of the largest upgrades....