Taproot Activation And The LOT Debate
You’ve probably already heard about Taproot, the new proposed soft-fork upgrade for Bitcoin, which will introduce a new signing algorithm and an enhanced, more private and flexible scripting mechanism. Now, while Taproot has been discussed for a long time, and its code has already been merged to Bitcoin Core, the actual upgrade has not yet taken place. That is, the changes were not yet activated and enforced by the network. The biggest question still left is how to coordinate the activation. Coordinating Changes To Bitcoin Why is coordination so important to get right? Well the way that....
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The debate around LOT=true and LOT=false remains the final hurdle in Taproot activation. So, what’s the difference and why is it important? The post LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation appeared first on Bitcoin Magazine.
On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation. The post Taproot Activation And LOT=True Vs. LOT=False appeared first on Bitcoin Magazine.
The debate around LOT=true and LOT=false remains the final hurdle in Taproot activation. So, what’s the difference and why is it important?
On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation.
Taproot.watch has added a new feature showing that a vast majority of Bitcoin mining hash rate supports Taproot activation.