Bitcoin’s Taproot is ready to go, but it's unlikely to be included in the nex...
Developers don't want to move too fast. The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready.Taproot and the associated technology of Schnorr signatures are considered to be the most important upgrade for Bitcoin in the past year. It is primarily a privacy improvement for complex spending conditions on Bitcoin like multisig transactions, time locks and other conditions based on Bitcoin Script.As Cointelegraph reported previously, Taproot hides every additional spending condition beyond....
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The code for Taproot is ready to go, but developers are still discussing how to deploy the update across Bitcoin’s distributed network.
Bitcoin’s long-awaited Taproot update is one step closer to fruition.
In a recent IRC chat among Bitcoin’s development community, a timeline for activating Taproot was determined, though questions remain. The post Taproot Activation Timeline Set, But Path Unclear appeared first on Bitcoin Magazine.
Taproot has a variety of benefits for all users of Bitcoin, and is an example of improving ability to expand and enhance Bitcoin.
In this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the lock in of Bitcoin’s Taproot soft fork upgrade.