After Taproot, What’s Next for Bitcoin’s Future?

Posted on by American Coins & Gold

After Taproot, What’s Next for Bitcoin’s Future?
Taproot, a privacy and scalability upgrade Bitcoin developers have long been drooling over, finally activated last weekend. But more upgrades are in the pipeline, being worked on by developers behind the scenes.Taproot is a particularly big upgrade in Bitcoin, called a “soft fork,” which isn’t executed all that often in Bitcoinland. Before Taproot, the last soft fork was SegWit, which activated on Bitcoin four years ago. Soft forks aren’t all that common. Nonetheless, they are an important type of upgrade that has repercussions for many projects building on top of Bitcoin, iteratively improving functionality of the open source digital currency.Read…