Bitcoin soft fork days away as Taproot upgrade closes in

Bitcoin soft fork days away as Taproot upgrade closes in

The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes). Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network. In the next seven days, the Bitcoin protocol will undergo a soft fork in the name of Taproot upgrade, which aims to improve the network’s privacy, efficiency and smart contracts capability. Taproot is Bitcoin’s first major upgrade since August 2017, which saw the introduction of Segregated Witness (SegWit) and resulted in the launch of....


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In this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the lock in of Bitcoin’s Taproot soft fork upgrade.

Taproot Soft fork Almost Locked In. What Does This Mean For Bitcoin?

By the time you read this, Bitcoin’s Taproot soft fork will be approved. The tendency is irreversible. The technical aspects are too complicated for most people, but we’ll do our best to explain them. What you actually need to know is this: the modifications will improve the Bitcoin network’s performance, bring a little more privacy, […]

Speedy Trial Success — Bitcoin Upgrade Taproot Set to Lock-in This Weekend

On Friday, June 11, 2021, data shows that Taproot could get locked-in this coming weekend, as the signal ratio is 98.3% and a touch more than 100 additional signaling blocks are needed to lock in the upcoming soft fork. Bitcoin Upgrade Taproot Inches Toward Lock-in, Success Means Activation in November Participants involved with the Bitcoin (BTC) network are preparing to see a softfork in November if the signaling status of “Speedy trial support for versionbits #21377” gets locked in this weekend. According to the Github “Taproot-Activation” documentation, the....