Taproot Activation Is Upon Us
Taproot and Schnorr will be boons for bitcoin usability, allowing individuals to do much more with their UTXOs.The below is a direct excerpt of Marty's Bent Issue #1111: "Taproot activation is upon us." Sign up for the newsletter here. via Clark Moody's Dashboard It's been a minute since we talked about taproot in this weird dark corner of the Internet. As of right now, we are 321 blocks away from the much awaited for upgrade being activated. Instead of focusing on the incredible potential that comes with the improvements in scriptability, data efficiency, privacy, and usability that will....
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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 process chosen for activating Taproot is detailed in BIP 8, and it includes a debated option called “lockinontimeout” (LOT). The post Taproot Activation And The LOT Debate 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 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.
Taproot.watch has added a new feature showing that a vast majority of Bitcoin mining hash rate supports Taproot activation.