{"id":401503,"date":"2021-06-12T21:23:48","date_gmt":"2021-06-12T19:23:48","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=401503"},"modified":"2021-06-12T21:27:02","modified_gmt":"2021-06-12T19:27:02","slug":"bitcoin-taproot-upgrade-gets-mining-support","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/401503-bitcoin-taproot-upgrade-gets-mining-support.html","title":{"rendered":"Bitcoin Taproot upgrade gets mining support"},"content":{"rendered":"<p>Bitcoin\u2019s Taproot upgrade, the most anticipated upgrade for the largest cryptocurrency since 2017, has enough mining support to lock in activation, according to CoinDesk.<\/p>\n<p>At least 90% of the blocks mined in any of the designated two-week difficulty periods needed to \u201csignal\u201d their support for the upgrade for the activation process to begin, CoinDesk said.<\/p>\n<p>Taproot will likely have locked in with more than 99% of blocks signaling decisively in its favor by the time the difficulty period ends Sunday: CoinDesk.<\/p>\n<p>Taproot will adjust the Bitcoin code in a way that introduces new possibilities for privacy, multisignature wallets and security, and scaling, CoinDesk said.<\/p>\n<p>Over time, Taproot\u2019s tooling and coding improvements will lead to a better Bitcoin user experience in terms of overall performance, and offer privacy improvements to multisignature technology, privacy software and scaling technology such as the Lightning Network, CoinDesk said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s Taproot upgrade, the most anticipated upgrade for the largest cryptocurrency since 2017, has enough mining support to lock in activation.<\/p>\n","protected":false},"author":341034,"featured_media":393947,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44696],"tags":[187,70185],"class_list":["post-401503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin","tag-bitcoin-taproot-upgrade"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/401503"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=401503"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/401503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/393947"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=401503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=401503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=401503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}