taproot News and Articles

The much-awaited upgrade of the Bitcoin network, Taproot went live on Nov. 14. It's meant to improve the protocol's privacy and security. Taproot is the first major update of the BTC code till 2017, when the Segregated Witness (SegWit) was introduced, separating transaction signatures and boosting...

Bitcoin miners have met the conditions for activating the Taproot update. The soft fork will take place around mid-November 2021 at block # 709632, said developer Peter Welle. The developers have implemented the Speed Trial update activation method in the Bitcoin Core release in May. The mechanism...

The activation of the Taproot update in the network of the first crypto was supported by 98% of the Bitcoin mining pools. This is evidenced by data from the Taproot Watch service. Upgradeable miners include special signal bits in the mined blocks. The developers implemented such a mechanism in the...

After the Binance mining pool announced its readiness to support the Taproot technology, 91.5% of the total computing power of the bitcoin network signals in favor of the upgrade. That was announced on Twitter on Sunday, December 27, by Poolin Vice President Alejandro De La Torre. According to...