Bitcoin Upgrade Taproot Now Locked In, Should Support Significantly Cheaper and More Private BTC Transactions: Report
July 8, 2021 @ 11:17 pm By Omar Faridi
Taproot has now been locked in and should activate in November of this year. Taproot is the name of various technological innovations that have all been bundled together. When they are activated, they should make Bitcoin (BTC) transactions significantly cheaper and also more private, along with several other benefits, the OKCoin team explains in a blog post.
The cryptocurrency trading platform points out that this upgrade is the “culmination” of several years of hard work. In January 2018, Bitcoin developer
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Change of Tact Has Led to an Increase in the Utilization of Cryptocurrency
- FinancialBuzz.com News Commentary
NEW YORK, April 16, 2021 /PRNewswire/ A major portion of the economy has transitioned to remote, and for most companies it is still unclear how long it will take until the economy returns to pre-pandemic norms. As a result, several sectors in the technology industry have grown in demand. For example, cloud computing, digital payments and in particular the cryptocurrency and blockchain segments are back at the center of attention this year. As a result of the recent crypto boom, investors have once again started to view the new digital currencies as potential long-term investments necessary in a properly diversified portfolio. For example, this week, Coinbase shares closed at USD 328.28 in their Nasdaq debut on Wednesday, at which point the company s market cap reached USD 85.8 Billion on a fully diluted basis. Coinbase provides financial infrastructure and technology for