Tagged: bips

Bitcoin (BTC) Taproot Upgrade Will Lead to Lower Fees, Improved LN Efficiency, Smart Contract Functionality: Report

On November 14th, 2021, block height 709,632, Bitcoin’s (BTC) Taproot upgrade was activated. This critical update brings with it several important enhancements to the overall flexibility, security, and efficiency of BTC transfers. And as Bitcoin’s first protocol upgrade in more than 4 years, it’s a… Read More

Global Fintech Moneybrain Joins Visa’s Fintech Fast Track Program

Moneybrain, an international Fintech platform, reveals that it has joined Visa’s Fintech Fast Track program, in order to accelerate the process of integrating with Visa and “allowing Moneybrain to more easily leverage the reach, capabilities, and security that Visa’s global payment network offers.” As mentioned… Read More

Bitcoin Upgrade Taproot Now Locked In, Should Support Significantly Cheaper and More Private BTC Transactions: Report

Taproot has now been locked in and should activate in November of this year. Taproot is the name of various technological innovations that have all been bundled together. When they are activated, they should make Bitcoin (BTC) transactions significantly cheaper and also more private, along… Read More

Bitcoin Improvement Proposals Schnorr / Taproot and Other Codebase Modifications to Increase Fungibility, Privacy of BTC Transfers

The team at crypto exchange OKCoin recently took a closer look at the three major Bitcoin Improvement Proposals (BIPs) that make up the Bitcoin Core update, Schnorr/Taproot. As noted by OKCoin, the version 0.21.0 of Bitcoin Core is scheduled to be released early next month… Read More

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