Tagged: taproot

Qtum Successfully Combines Bitcoin’s Taproot with Ethereum Virtual Machine (EVM)

Qtum combines Bitcoin’s (BTC) security with Ethereum’s (ETH) programmability in one platform. One of the most innovative aspects of Qtum is that users can “enjoy both Bitcoin and Ethereum updates.” One of these new updates happens to Bitcoin’s Taproot. As explained in a blog post,… Read More

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

Taproot: Noelle Acheson of Genesis Comments on Bitcoin Upgrade

Bitcoin has just completed a soft fork upgrade to the network labeled Taproot. As has been widely reported, Bitcoin will now benefit from an improved ability to incorporate smart contracts and improved privacy of transactions (Schnorr Signatures). Bitcoin, which is pushing new all-time highs (probably… Read More

Bitcoin Analysts See Good, Bad Behind Recent Bitcoin Price Hikes

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

Bitcoin (BTC) Improvement Proposals Schnorr Signatures, Taproot, Tapscript Ready for November 2021 Launch: Report

Digital assets firm Kraken notes that one of Bitcoin’s (BTC) biggest and most significant upgrades of all time is “just around the corner.” However, Kraken also mentions that very few people really understand its “potential impact.” Kraken Intelligence’s most recent report, titled “Taproot Primer: An… 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

China Continues Bitcoin Mining Crackdown to Improve Capital Controls Enforcement, Enhance RMB Protections, Strength Digital Yuan Use-Case: Report

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, recently noted that the Bitcoin market is continuing its consolidation pattern. As mentioned in an update from BitOoda, $30,000 has “proved to be a support level for now.”… 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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