Bitcoin Taproot Upgrade Activated, BTC Price Over $64K

The Bitcoin Taproot upgrade has received practically universal support.

The Bitcoin community is celebrating another huge milestone for the network.  A long-awaited Taproot upgrade, which is the largest Bitcoin (BTC) upgrade in four years, has been activated.

What has it brought to the blockchain? It ensures enhanced transaction efficiency and privacy and, what is even more important, it will help t discover the capacities of smart contracts. Asa result, it will become possible to exclude middlemen from the transactions happening on the network.

The Bitcoin (BTC) Taproot upgrade has received practically universal support which may seem quite surprising but at the same time quite explainable. The introduced changes presuppose significant code improvements.

At the time of writing Bitcoin (BTC) is trading at $64,430 which means that the price has gained 1.3% over the last 24 hours.

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Bitcoin News, Blockchain News, Cryptocurrency news, News

Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.