Taproot-Activation
study-groups
Taproot-Activation | study-groups | |
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25 | 4 | |
32 | 283 | |
- | 0.7% | |
0.7 | 4.6 | |
about 1 year ago | about 1 month ago | |
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Taproot-Activation
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Trezor hardware wallets are now able to support the recent Bitcoin Taproot update.
well trezor it self is a company. The taproot upgrade for bitcoin was voted on using the taproot-activation consensus. https://taprootactivation.com/
- How to check if a wallet is Taproot enabled?
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Daily Discussion, October 07, 2021
Yes, it will support smart contracts when the taproot block is mined https://taprootactivation.com/ Should be around mid-November.
- Bitcoin gets more transactions per block with taproot and it just locked in for upgrade. Congratulations everyone.
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Alyse Killeen mic drop at Bitcoin 2021
I agree in general, however Taproot and the Schnoor signatures implementation would theoretically allow more lightweight and sophisticated smart contract code on the blockchain while while increasing the TPS rate and lowering the cost. Taproot consensus (https://taprootactivation.com/) seems to be leaning toward accepting the soft fork so more varied smart contract code on Bitcoin's blockchain may be available sooner than later.
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Taproot miner signal status
There are several small mining pools that have not signaled for Taproot in any of their blocks. Collectively, these pools produce approximately 4.77% of all blocks. Of these pools, only SpiderPool has explicitly expressed their support for Taproot via off-chain channels (see https://taprootactivation.com/).
- Taproot-Activation Consensus Effort – BTC's Largest Update in 4 Years
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Over 80% of mining pools have mined at least one taproot signaling block
Binance Pool (4.8% hashpower). They gave their support for Taproot back in 2020. Now they're playing games. Luckily the game ended in massive "yeses" that they should support taproot (the question is: who are the 20% of people who voted no??).
- Call to miners: mine in mining groups that support Taproot
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Elon Musk: Bitcoin's energy usage trend over the past few months is insane
https://taprootactivation.com/
Arguably, the Bitcoin scalability efforts have been progressing too slowly. Second generation blockchain designs such as Ethereum and Avalanche are going to dethrone Bitcoin at some point.
study-groups
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After https://coursera.org/learn/cryptocurrency/, what's a good resource to learn about the current state of cryptocurrency sector/its development since 2015?
To avoid Anchor Bias, I suggest starting with Mastering Bitcoin by Andreas Antonopolous available here for free . It is necessary to see Bitcoin as an invention like Electric light, Automobile etc rather than one of the many "Crypto Tokens". Once you start with first principles, you realize that Bitcoin solved the question of decentralized trust, Why POW is crucial to maintain security and the decentralization and why every other token is keen to a startup or pump n dump using unit bias or affinity marketing. If you want to study in a cohort and meet weekly with other learners then check out https://learning.chaincode.com/
- 5 week seminar by Chaincode Labs: Bitcoin and Lightning Protocol Development Education
- 5 week seminar by chaincode labs: bitcoin and lightning protocol development education
What are some alternatives?
bisq - A decentralized bitcoin exchange network
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
gui - Bitcoin Core GUI staging repository
bitcoin-pro - Professional bitcoin accounts & assets management
Bitcoin - Bitcoin Core integration/staging tree
mining-pools - Known Bitcoin mining pool coinbase tags and coinbase output addresses. Generated files: https://github.com/bitcoin-data/mining-pools/tree/generated
bips - Bitcoin Improvement Proposals
mempool - Explore the full Bitcoin ecosystem with mempool.space, or self-host your own instance with one-click installation on popular Raspberry Pi fullnode distros including Umbrel, Raspiblitz, Start9, and more!