Taproot Activation Timeline Set, But Path Unclear
Earlier this week, Bitcoin’s development community met via Internet Relay Chat (IRC) to discuss Taproot activation paths and lay out an expected timeline for the privacy and smart contract flexibility upgrade. This was the second such activation meeting held through IRC. Though a tentative timeline was set, the meeting ultimately left the group divided on a main issue: How exactly to coordinate the upgrade. According to an expected timeline posted after the meeting on Bitcoin Wiki, Taproot could be activated by August 2022: March 17 to 31, 2021: Full node software released with Taproot....
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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.
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Taproot.watch has added a new feature showing that a vast majority of Bitcoin mining hash rate supports Taproot activation.