Read_502 - LOT true or false? The Last Hurdle for Taproot [Aaron Van Wirdum]

March 04, 2021 00:45:07
Read_502 - LOT true or false? The Last Hurdle for Taproot [Aaron Van Wirdum]
Bitcoin Audible
Read_502 - LOT true or false? The Last Hurdle for Taproot [Aaron Van Wirdum]

Mar 04 2021 | 00:45:07

/

Hosted By

Guy Swann

Show Notes

"As a consensus system without central authority, Bitcoin protocol upgrades can be challenging. If one segment of the network upgrades to a new version of the protocol before another segment does, different nodes might enforce different rules, introducing the risk that the network fractures between them." - Aaron Van Wirdum

Today's read is from Aaron Van Wirdum at Bitcoin Magazine, an excellent writer who has so many brilliant breakdowns of the technical and historical elements of Bitcoin. Taproot is SO close, but there is a final debate, a final hurdle to tackle before we get to see it activated on the network, and that’s over how and when to turn on the switch.

LOT=true or LOT=false? This is the Last Hurdle Before Taproot Activation:
https://bitcoinmagazine.com/technical/lottrue-or-lotfalse-this-is-the-last-hurdle-before-taproot-activation

Check out the Bitcoin Audible Page for Aaron & his collection of amazing work:
https://bitcoinaudible.com/?page_id=5204

Today’s Bitcoin Resource:
mempool.space

A huge thank you to our amazing sponsors:
LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)

Final thanks to Bitcoin Magazine and the LTBNetwork for being such an incredible source of signal to the Bitcoin ecosystem! letstalkbitcoin.com

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

March 26, 2020 00:50:16
Episode Cover

Read_370 - Explained; 0% interest, Limitless Repo, QE4 [Colin Harper]

"The Federal Reserve’s market operations are ramping up by the day, and it’s using more tools simultaneously to “fix” markets than ever before. So...

Listen

Episode

December 28, 2020 00:34:34
Episode Cover

Read_478 - Bullish on Bitcoiners [John Vallis]

"After all, Bitcoin is just a tool, and it’s only revolutionary in so far as its unique attributes generate novel possibilities for action —...

Listen

Episode

April 30, 2019 00:29:57
Episode Cover

CryptoQuikRead_241 - Why I Don't Celebrate Neutrino [Nicholas Dorier]

Today we read an article from developer @nicolasdorier that illustrates why Neutrino might not be the panacea some seem to treat it as.  It...

Listen