Locked In: Bitcoin’s Taproot Upgrade Gets Its 90% Mandate

Posted on by American Coins & Gold

Locked In: Bitcoin’s Taproot Upgrade Gets Its 90% Mandate
Taproot, the most significant improvement to Bitcoin’s protocol in years, now has enough mining support to lock in activation.According to the parameters set forward by “Speedy Trial,” if at least 90% of the blocks mined in any of the designated two-week difficulty periods “signal” their support for the upgrade, then the activation process can begin. To be more precise: 1,815 out of 2,016 blocks mined within a period have to include a little piece of encoded information that indicates that the miners who mined those blocks are in favor of the upgrade.Read more: Why Bitcoin’s Taproot Upgrade MattersDuring this second…