Bitcoin will be subject to a major update `` Taproot'' since the 2017 split turmoil
It has been decided that the
Bitcoin Core :: Bitcoin Core 0.21.1 Released With Taproot Activation Code
https://bitcoincore.org/en/2021/05/01/release-0.21.1/
Bitcoin Taproot upgrade: what it means
https://www.cnbc.com/2021/06/12/bitcoin-taproot-upgrade-what-it-means.html
Taproot is an upgrade proposed in 2018 to add a 'Shnoa signature' to the Bitcoin signature scheme. The availability of Schnoor signatures as a signature method is expected to improve anonymity.
CNBC also points out that the switch to Schnoor signature will help speed up and reduce costs for smart contracts that execute a variety of contracts on the blockchain. In addition, mining companies - Marathon Digital Holdings smart contract Fred Teal CEO of providing an opportunity to expand the applications and business on the 'block chain, ethereum most important in .Traproot which has become a major driving force of innovation The key point is the strengthening of smart contracts. '
Bitcoin has evolved into a derivative crypto asset, Bitcoin Cash (BCC) , as a result of disagreements within the community during the block size-related upgrade in 2017. However, according to CNBC, most of the Bitcoin community is in favor of this upgrade.
What is the 'Bitcoin' split problem? There is also a diagram that clearly shows what happens and what happens-GIGAZINE
By Dennis M2
As a result of multiple votes, the Traproot upgrade was decided to be applied on June 12, 2021 Japan time, with more than 90% of the votes in favor. From now on, after careful testing of Traproot by community members, official operation is scheduled to begin in November 2021.
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