Taproot Bitcoin update activation ready by November
The goal is to improve scalability and privacy for bitcoin, in the report, a "quick trial" will be held in mid-May followed by the update in November.
The quick trial will last 3 months, miners showing interest will speed up the upgrade.
This update was initially proposed in May 2019. In December 2019, The Binance Pool helped join other miners. The developers are coding UASF in case the Speedy Trial fails, which would be brought online
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-May/016914.html
What is Taproot?
It is a soft fork on the Blockchain and since the proposals do not include any drastic changes to the consensus mechanisms, they are unlikely to encounter much resistance from the community. Designed to improve the efficiency of the BTC blockchain by reducing the size of signatures, which will also have a knock-on effect on the size of transactions.
Congratulations @jacopo.eth! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@jacopo.eth/posts.png?202103270943" /><td>You published more than 250 posts.<br />Your next target is to reach 300 posts. <p dir="auto"><sub><em>You can view your badges on <a href="https://hivebuzz.me/@jacopo.eth" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">your board and compare yourself to others in the <a href="https://hivebuzz.me/ranking" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ranking<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto"><strong><span>Check out the last post from <a href="/@hivebuzz">@hivebuzz: <table><tr><td><a href="/hivebuzz/@hivebuzz/birthday-5"><img src="https://images.hive.blog/64x128/https://i.imgur.com/vlnzW5K.png" /><td><a href="/hivebuzz/@hivebuzz/birthday-5">Happy Birthday to the Hive Community<tr><td><a href="/hivebuzz/@hivebuzz/meetup-spanish"><img src="https://images.hive.blog/64x128/https://i.imgur.com/qNHcCLf.png" /><td><a href="/hivebuzz/@hivebuzz/meetup-spanish">A successful meetup and its commemorative badgeYay! 🤗
Your post has been boosted with Ecency Points.
Support Ecency, check our proposal:
Hivesigner: Vote for ProposalContinue earning Points just by using https://ecency.com, every action is rewarded (being online, posting, commenting, reblog, vote and more). Ecency: https://ecency.com/proposals/141