{"id":41728,"date":"2021-05-02T15:01:01","date_gmt":"2021-05-02T12:01:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41728"},"modified":"2025-08-30T20:04:18","modified_gmt":"2025-08-30T17:04:18","slug":"taproot-activation-underway-on-the-bitcoin-network","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/taproot-activation-underway-on-the-bitcoin-network\/","title":{"rendered":"Taproot activation underway on the Bitcoin network"},"content":{"rendered":"<p>Following the mining difficulty re-adjustment on Saturday, May 1, at block #681 408, Bitcoin mining pools may signal support for the Taproot upgrade.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Taproot signalling on Bitcoin can now start\u2026<a href=\"https:\/\/t.co\/uzJXPLZduO\">https:\/\/t.co\/uzJXPLZduO<\/a><\/p>\n<p>\u2014 BitMEX Research (@BitMEXResearch) <a href=\"https:\/\/twitter.com\/BitMEXResearch\/status\/1388588179641573379?ref_src=twsrc%5Etfw\">May 1, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Miners supporting the upgrade will begin including in the mined block special data called a &#8216;signal bit&#8217;. SlushPool was the first to do so.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The first block signalling for Taproot has been mined<\/p>\n<p>Congrats to <a href=\"https:\/\/twitter.com\/slush?ref_src=twsrc%5Etfw\">@slush<\/a> <a href=\"https:\/\/t.co\/vKfZ7GWEFF\">pic.twitter.com\/vKfZ7GWEFF<\/a><\/p>\n<p>\u2014 BitMEX Research (@BitMEXResearch) <a href=\"https:\/\/twitter.com\/BitMEXResearch\/status\/1388785610924740608?ref_src=twsrc%5Etfw\">May 2, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The mechanism envisions a three-month window during which, in any of roughly two-week periods between difficulty recalculations, 90% of mined blocks must signal support for the upgrade.<\/p>\n<p>This would signal that roughly 90% of miners are prepared to adopt the new rules. Once the threshold is reached, Taproot will activate within the next three months. Until then, the upgrade will remain blocked.<\/p>\n<p>If approved by miners, it will be one of the most significant milestones in the history of cryptocurrency.<\/p>\n<p>In addition to improving scalability and privacy, the upgrade aims to enhance network functionality and fungibility of coins.<\/p>\n<p>Earlier, ForkLog explained why some developers <a href=\"https:\/\/forklog.com\/en\/news\/taproot-a-privacy-threat-why-the-forthcoming-bitcoin-upgrade-is-drawing-criticism\">consider Taproot a privacy threat<\/a>.<\/p>\n<p>Earlier, in November 2020, Antpool <a href=\"https:\/\/forklog.com\/en\/news\/antpool-mining-pool-backs-taproot-upgrade-on-the-bitcoin-network\">voiced support for the update<\/a>, and a month later \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/taproot-upgrade-support-reaches-91-of-bitcoins-total-hashrate\">Binance Pool<\/a>.<\/p>\n<p>The final Schnorr\/Taproot code <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-core-0-21-0-released\">included in the January release<\/a> Bitcoin Core.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the mining difficulty re-adjustment on Saturday, May 1, block #681 408, Bitcoin mining pools may signal support for the Taproot upgrade.<\/p>\n","protected":false},"author":1,"featured_media":41729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,143,1142,1134],"class_list":["post-41728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitcoin-core","tag-cryptography","tag-technical-updates"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=41728"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41728\/revisions"}],"predecessor-version":[{"id":41730,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/41728\/revisions\/41730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/41729"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=41728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=41728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=41728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}