Interview: Alejandro De La Torre On Hash Rate-Backed Tokens And Taproot

On this episode of Bitcoin In Asia, Poolin's Alejandro De La Torre discussed Taproot activation and lessons learned from SegWit. The post Video: Coordinating Bitcoin Upgrades With Poolin’s Alejandro De La Torre 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.

Bitcoin mining pools have begun signaling for the Taproot soft fork activation, with almost half of network hash rate currently doing so.

The largest Bitcoin mining pools are signaling for Taproot, but the activation may not reach the 90% critical consensus mark during this current difficulty epoch. Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation.The top-10 Bitcoin (BTC) mining pools by hash rate distribution are now signaling for Taproot activation with BTC.Top being the latest among them as of the time of writing.Indeed, 90% of Bitcoin’s hash rate briefly signaled for the protocol upgrade with the figure now standing at about 73%.Tweeting on Monday, crypto....

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....