Cryptocurrency Analysis and News Portal
Written by Wuille, Nick and Towns, BIP 341 proposed a new Segregated Witness (SegWit) version 1 output type, with spending rules based on Taproot, Schnorr signatures, and Merkle branches (part of the cryptographic scheme that generates the hashes that encode data on the blockchain.) SegWit, the previous major Bitcoin upgrade,
Read More
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekThe Bitcoin network welcomes Taproot soft fork
Read More
Taproot, a privacy and scalability upgrade Bitcoin developers have long been drooling over, finally activated last weekend. But more upgrades are in the pipeline, being worked on by developers behind the scenes.Taproot is a particularly big upgrade in Bitcoin, called a “soft fork,” which isn’t executed all that often in
Read More
In short, while the Taproot upgrade is a monumental part of the history of Bitcoin, there is still work to be done. A relatively popular cartoon that surfaces around important times in Bitcoin history, such as around the halving, does a great job showing this. The cartoon shows a stick
Read More
Good morning, Here’s what’s happening this morning:Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop.Technician’s take: Short-term upside appears to be limited given the loss of positive momentum.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $64,514
Read More
Bitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin community discussed the slew of benefits
Read More
Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhat ETF rejection?Data from Cryptox Markets Pro and TradingView showed BTC/USD holding above $64,000 at 10 am UTC Sunday.The pair had gained
Read More
The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading layer-two solution, the Lightning Network and
Read More
Bitcoin is set to undergo a major network upgrade, Taproot, in nearly two days, i.e., on Nov. 14 or 255 blocks later, as per data from Taproot.watch. This is the first significant upgrade since the Segregated Witness (SegWit), which eventually culminated in the development and launch of the Lightning Network
Read More
Taproot, the long-anticipated Bitcoin upgrade, will activate this weekend at block 709,632, opening the door for developers to integrate new features that will improve privacy, scalability and security on the network.The upgrade locked in back in June, when over 90% of miners chose to “signal” their support. A programmed waiting
Read More