Bitcoin Miners Start Vote To Deploy Taproot Update – Bits Media

Preparations for Activating the Bitcoin Taproot Upgrade Started As Planned, через Speedy Trial. Mining pools, representing about 46% network hashrate, have already expressed support for the update.

According to Taproot.watch, web pages, created by the Bitcoin developer Hampus Seberg (Hampus Sjöberg), At the moment, the approval of Taproot has expressed mining pools, representing around 46% all capacity of Bitcoin hash.

Antpool and F2Pool - the two largest mining pools of Bitcoin on the hashrate - became one of the first supporters of Taproot activation. The update was also supported by the Foundry USA and Slush Pool pools, Moreover, the latter is responsible for mining of the first signal block. Note, that Taproot activation will occur only, if a 90% All obtained blocks will include the activation signal in the complexity adjustment window.

If miners express Taproot support, then in early August the update will be recorded for deployment and activated in November. Given the current situation, activation Taproot, which will become one of the most significant updates of the network over the past four years, will take place without any disagreement, Compared to the deployment of Segwit.

The developers could not decide on the details of Taproot activation and used the “draw” in the Bitcoin blockchain, to complete the discussions, which began a year ago. Bitcoin developers and community participants have decided on the update deployment schedule in March. Note, that TAPROOT and SHNORR signature are the largest bitcoin updates since Segwit.