Skip to content

BITCOIN’S NEW UPGRADE “TAPROOT” GETS OVERWHELMING SUPPORT FROM MINERS – SET TO LAUNCH IN NOVEMBER 2021

Bitcoin’s new upgrade “Taproot” is all set to be launched in November.  This is the most expected launch from Bitoin post 2017.  This new upgrade is set to hit the stage after their SegWit (segregated Witness) upgrade.  There are also reports that says that they will switch from Ellptic curve digital Signature Algorithm to Shnorr Signatures which provides multi-signature transactions completely unreadable.  This give much more anonymity and security to the miner/trader.

While the claim the best part of the new upgrade is the facility to enter into small contracts.  Complete details on the upgrade is yet to be revealed.  This news has hit the market today with good positive response.

Categories

GBTC News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: