Taproot

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 …

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Taproot, Bitcoin’s Long-Anticipated Upgrade, Activates This Weekend

Taproot, Bitcoin’s Long-Anticipated Upgrade, Activates This Weekend

Taproot, the long-anticipated Bitcoin upgrade, will activate this weekend at block 709,632, opening the door for developers to integrate new features that will improve privacy, scalability and security on the network. The upgrade locked in back in June, when over 90% of miners chose to “signal” their support. A programmed waiting period between lock-in and …

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Taproot, Bitcoin's long-in-the-making upgrade, achieves activation lock-in

Taproot, Bitcoin’s long-in-the-making upgrade, achieves activation lock-in

Bitcoin is set to integrate the privacy-focused upgrade known as Taproot later this year. As noted by Taproot.Watch, which has tracked the weeks-long effort to secure activation support among bitcoin’s mining sector, a sufficient number of supportive blocks — at least 1,815 — was achieved on Friday. The signaling period, known as the “Speedy Trial,” …

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