Taproot Activation Brings Massive Upgrades To Bitcoin

Bitcoin Magazine

By the time this is published, Taproot will be locked-in for activation. This means that on block 709,632 (mid-November 2021), the new rules defined by a series of Bitcoin Improvement Proposals (BIPs) will be activated and start being enforced. This is a momentous achievement for Bitcoin and will enable so many awesome new things for not just Bitcoin but everything built on top of it, too.

Previously, it was debated if Bitcoin could come to consensus on another soft fork after the drama behind the 2017 SegWit upgrade. This previous soft fork spun out multiple camps that hard forked from the original Bitcoin chain, creating new altcoins. Meanwhile, the Bitcoin community was left with deep battle scars after months of debating and fighting for what resulted in a user activated soft fork (UASF).

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