Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade
Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade.
We know it's going to happen – the question is when and how.
Binance Pool represents 11% of Bitcoin’s mining hashrate. Adding it to the “yes” column pushes mining pool support for Taproot to about 91%.
These new features don’t grab headlines every day, but the improvements they make to the Bitcoin network’s privacy, tooling and complex transaction logic are building a stronger foundation.
Bitcoin privacy experts are unimpressed with a circulating slideshow-style privacy report that targets upcoming Bitcoin upgrade Taproot.
Bitcoin price spikes grab headlines, but the asset's long-term value depends on its developers – and what drives them.