Taproot is a melting pot of various technical innovations throughout Bitcoin’s history into one upgrade. It was first proposed by Greg Maxwell in 2018
The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading layer-two solution, the Lightning Network and Segregated Witness (SegWit).
Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector.
The age of digital transformation has arrived, leading traditional industries to adopt new technologies to accommodate a fully digital future. As such, it shouldn’t come as a surprise that the trillion dollar oil and gas industry has quietly started to leverage blockchain technology for business success
Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by having acquired a new startup.
China’s technology standardization body will issue a national standard for blockchain next year, said an official from the China Electronics Standardization Institute, according to news site Chuanguan.
The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market.
Medical services company MDS Mexico has launched a rapid COVID-19 testing service that uses blockchain technology to verify results.
Group of Seven advanced economic nations has been discussing central bank digital currencies (CBDCs) this week, concluding that they should “do no harm” and meet rigorous standards.
