A major step toward the next era of Bitcoin was made today. The code is final, and it is now in the Bitcoin codebase as of today. The next steps are an activation method, and a full client release for the network to begin the process of adding it to the global consensus.
But before that happens, let's talk about where we are today, what advantages Taproot can give us again, & what the future of Bitcoin, privacy, & Lightning are with this new tool at our disposal. Today's Guy's Take is all about Taproot, so let's get into it!
Want to check it out on Github and be a nerd?
https://github.com/bitcoin/bitcoin/pull/19953
For a deeper dive into Taproot check out Aaron Van Wirdum's piece digging into it on Bitcoin Magazine:
Taproot is Coming:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_318---Taproot-is-Coming-Aaron-van-Wirdum-e8um0c
Much love to our many patrons making this show possible! If you want to join in with the crew, go to Patreon.com/thecryptoconomy and become a patron!
And another thank you to our sponsor, Hexa Wallet for keeping this show alaive, and for building one of the best mobile wallets out there. With tons of features to come, check it out at HexaWallet.io
Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't Bitcoin at all, but...
Diving into the many incredible works made available in The Bitcoin Times Ed 2! Today we read Gigi's great piece "Bitcoin's Eternal Struggle" on...
"Expect BlackRock to turn around and shill this to banks, and in particular big banks, such that JPMorgan, for example, can itself turn around...