Tag: taproot

Mar 24 2021

Bitcoin Optech #141: Signature Delegation And Taproot Activism

Mar 24 2021 Published at Bitcoin Magazine under tags  bitcoin optech taproot technical

This week’s Bitcoin Optech newsletter covers signature delegation, Taproot’s effect on Bitcoin’s resistance to quantum cryptography and moreThe Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay...

Mar 12 2021

Discussing Taproot Activation Through Speedy Trial

This episode of "The Van Wirdum Sjorsnado" is about Speedy Trial, the proposed Taproot activation mechanism that has been gaining traction in recent weeks.Watch This Episode On YouTubeListen To...

Feb 26 2021

Taproot Activation And LOT=True Vs. LOT=False

On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation....

Feb 24 2021

LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation

Feb 24 2021 Published at Bitcoin Magazine under tags  lot soft fork taproot technical

The discussion on Taproot activation appears to have reached its final stage, with the remaining decision revolving around the activation parameter LOT. The code for Taproot, a proposed Bitcoin protocol upgrade for compact and...

LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation

Feb 24 2021 Published at Bitcoin Magazine under tags  lot soft fork taproot technical

The debate around LOT=true and LOT=false remains the final hurdle in Taproot activation. So, what’s the difference and why is it important?11 years ago, Bitcoin was etched into...

Feb 23 2021

Taproot Activation And The LOT Debate

You’ve probably already heard about Taproot, the new proposed soft-fork upgrade for Bitcoin, which will introduce a new signing algorithm and an enhanced, more private and flexible scripting mechanism. Now, while Taproot has been discussed for a long time, and its code has already been...

Taproot Activation And The LOT Debate

The process chosen for activating Taproot is detailed in BIP 8, and it includes a debated option called “lockinontimeout” (LOT).As Taproot, the latest consensus protocol change, approaches activation,...

Feb 18 2021

Taproot Activation Timeline Set, But Path Unclear

Feb 18 2021 Published at Bitcoin Magazine under tags  taproot technical uasf

Earlier this week, Bitcoin’s development community met via Internet Relay Chat (IRC) to discuss Taproot activation paths and lay out an expected timeline for the privacy and smart contract flexibility upgrade. This was the second such activation meeting held through IRC....

Taproot Activation Timeline Set, But Path Unclear

Feb 18 2021 Published at Bitcoin Magazine under tags  taproot technical uasf

In a recent IRC chat among Bitcoin’s development community, a timeline for activating Taproot was determined, though questions remain.Earlier this week, Bitcoin’s development community met via Internet Relay Chat...

Feb 17 2021

Bitcoin Taproot Upgrade Nailed Down for July, but Some Finer Details Still Aren’t Finalized

The finalized code for Taproot will be shipped in March, but will it house the “user activated soft fork” feature that threatened to activate SegWit?

Feb 12 2021

Discussing Taproot, Bitcoin Developers Explore Paths To Activation

Taproot was merged into Bitcoin Core in October 2020, leaving only the activation method for this highly-anticipated protocol upgrade focused on adding smart contract flexibility and more transactional privacy to Bitcoin. Last week, the Bitcoin development community gathered via Internet Relay Chat (IRC) to discuss the parameters of the Taproot activation and two code pull...

Feb 03 2021

Taproot Update: Bitcoin Users Home In on Activation Plan, Date Still TBD

The meeting ended with rough consensus in favor of BIP8 (false), as well as with approval of two possible methods to put this BIP into motion.

How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack

Feb 03 2021 Published at CoinDesk under tags  bitcoin coinswap multisig privacy ptlcs

Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.

Feb 01 2021

Jan 14 2021

Bitcoin Core’s Latest Release Is Out: Here’s What’s in It

Jan 14 2021 Published at CoinDesk under tags  bitcoin bitcoin core taproot tech tor

Bitcoin Core, the original wallet and “full node” software for the Bitcoin network, received an update today.

Bitcoin Core 0.21.0 Released: What’s New

Today marks the official release of Bitcoin Core 0.21.0, the 21st major release of Bitcoin’s original software client launched by Satoshi Nakamoto almost 12 years ago. Overseen by Bitcoin Core lead maintainer Wladimir van der Laan, this latest major release was developed by well over a hundred contributors in a span of about six months. The result of...

Jan 13 2021

Bitcoin Miners, Developers Narrow Down How Taproot Will Be Activated

Jan 13 2021 Published at CoinDesk under tags  bitcoin bitcoin mining taproot tech

We know it's going to happen - the question is when and how.

Jan 12 2021

The Future Of Bitcoin Upgrades: Off-Chain Contract Execution

Taproot is currently the most likely next upgrade for Bitcoin. It is one of a few upgrades that are currently being worked on that users and developers would hope to eventually see activated on the network. All of these upgrades share a general theme that will likely be the theme of many future upgrades as well. This theme is making contracts unicast, or...

Dec 31 2020

Bitcoin’s 2020 In Tech

Seemingly undisturbed by 2020’s craziness, and largely unfazed by bitcoin’s wild price swings that concluded with new all-time highs in December, Bitcoin’s technical community continues to plow ahead. Bitcoin’s software and the many projects around it were gradually improved throughout the year, as software was optimized, bugs fixed and privacy leaks patched. The bulk of this work, as vital as much of it...

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