Taproot: Centralized changes put every BTC user at risk
What the Taproot update does is make the responsibility for laundered coins to fall more broadly on the shoulders of every participant in the network.
What the Taproot update does is make the responsibility for laundered coins to fall more broadly on the shoulders of every participant in the network.
What are cryptocurrencies good for? That was the title and main topic of conversation at the U.S. Senate Banking Committee’s latest hearing on digital currencies.
BTC backers may come to rue the day they implemented their latest protocol change if certain governments conclude that a system that can be altered at will could also be altered by them.
BTC's Taproot update, billed as the most significant "upgrade" to the protocol since SegWit activation in 2017, is set to gain miner support after all.
With just two weeks to go in a signaling period where miners show support for the change in the blocks they mine, only around 62% are in favor—well short of the 90% needed to implement it.
For years, advocates for Taproot and Schnorr have cited increased efficiency and added “privacy” because Schnorr aggregates signatures together at the protocol level.