Bitcoin Taproot upgrade: What is it and how will it impact investors?2 min read . Updated: 17 Jun 2021, 04:28 PM IST
- Experts believe this could be a revolutionary moment for the cryptocurrency as support from miners in accepting this upgrade was overwhelming.
- It is expected to bring in better privacy and transparency in transactions.
Bitcoin’s Taproot upgrade, which is the first upgrade to the crypto asset in four years, was recently approved by miners around the world. The upgrade has received a consensus from a majority of stakeholders and many experts believe this could be a revolutionary moment for the world’s biggest cryptocurrency as the support from miners in accepting and bringing in this upgrade was overwhelming.
Select your Category