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

September 03, 2022 00:26:31
Episode Cover

Read_649 - The Continual Power of Intermittent Mining [Zack Voell]

"Many aspects of the Bitcoin mining industry are poorly understood and often misrepresented. But one practice in this sector stands apart for the misunderstandings...

Listen

Episode

July 29, 2020 00:40:48
Episode Cover

Read_422 - Discovering Bitcoin - From Cavemen to Lightning, Part #1 [Giacomo Zucco]

“In order to be useful for this kind of process, a good must possess a good “hardness”: Any unit of said good should not...

Listen

Episode

January 08, 2025 01:20:26
Episode Cover

Read_861 - Pubky: The Next Web

"Imagine waking up in a world where every piece of information you encounter is carefully filtered by faceless algorithms. Your online interactions are curated...

Listen