Discussing Taproot's Lock In
In this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the lock in of Bitcoin’s Taproot soft fork upgrade.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastAs discussed in previous episodes, Taproot is a Bitcoin protocol upgrade that will make smart contracts more compact, private and flexible. Van Wirdum and Provoost also discussed the Taproot upgrade process in prior episodes, including the Speedy Trial activation method adopted by Bitcoin Core.About a week ago, the Speedy Trial signaling threshold was reached, which means Taproot is locked....
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The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web portal taproot.watch indicates that the lock-in period of signaling has finished. “This period has reached 1815 Taproot signaling blocks, which is required for lock-in.” The Taproot upgrade is considered one of the largest upgrades....
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....
This week’s newsletter celebrates the lock-in of Taproot, describes a draft BIP for improving transaction privacy and more.
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.
On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation.