Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the Wild

Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the WildBitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin community discussed the slew of benefits Taproot and Schnorr signatures have […]

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Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally

Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to RallyIn mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered one of the largest changes the protocol has seen […]

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Taproot Lock-in Achieved — Bitcoin Network Set to Activate Biggest Upgrade in Four Years

Taproot Lock-in Achieved — Bitcoin Network Set to Activate Biggest Upgrade in Four YearsThe ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web […]

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Speedy Trial Success — Bitcoin Upgrade Taproot Set to Lock-in This Weekend

Speedy Trial Success — Bitcoin Upgrade Taproot Set to Lock-in This WeekendOn Friday, June 11, 2021, data shows that Taproot could get locked-in this coming weekend, as the signal ratio is 98.3% and a touch more than 100 additional signaling blocks are needed to lock in the upcoming soft fork. Bitcoin Upgrade Taproot Inches Toward Lock-in, Success Means Activation in November Participants involved with the Bitcoin […]

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Bitcoin Miners Start Signaling for Taproot Activation, People Prep for BTC’s Largest Update in 4 Years

Bitcoin Miners Start Signaling for Taproot Activation, People Prep for BTC's Largest Update in 4 YearsBitcoin miners have started to signal for Taproot activation and crypto supporters are looking forward to the largest bitcoin update in almost four years. The mining operation Slush Pool mined the first block signaling for Taproot and since then the pools Foundry and F2pool have joined in on signaling as well. Bitcoin Block: 681,458 Signals […]

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Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements

Third Anniversary of Bitcoin Cash Highlights a Myriad of Network ImprovementsIn twelve days the Bitcoin Cash community will celebrate the third anniversary of the 2017 fork that happened on August 1. Since then, a number of changes have happened during the last three years and the following editorial will discuss the significant differences between both chains. The Bitcoin Cash (BCH) fork took place almost three […]

The post Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements appeared first on Bitcoin News.

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The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies

The IRS Investigation Division Is Requesting Information About Privacy-Centric CryptocurrenciesThe United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks, sidechains, and the Schnorr Signature algorithm. A recently published IRS-CI Cyber Crimes Unit request that’s […]

The post The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies appeared first on Bitcoin News.

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6 Privacy-Enhancing Tools That Place Bitcoin Cash Transactions Ahead of the Pack

6 Privacy-Enhancing Tools That Place Bitcoin Cash Transactions Ahead of the PackOn June 24, a Reddit post had a few Bitcoin Cash proponents discussing a number of privacy enhancements BCH supporters can leverage every time they transact. The Bitcoin Cash enthusiast, Mr. Zwet’s r/btc post explained how BCH supporters can use tools like Cashfusion, Cashshuffle, Schnorr Signatures, Local.Bitcoin.com, Neutrino Wallet, and a number of Electron Cash […]

The post 6 Privacy-Enhancing Tools That Place Bitcoin Cash Transactions Ahead of the Pack appeared first on Bitcoin News.

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Bitcoin.com’s Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash Privacy

Bitcoin.com's Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash PrivacyBitcoin.com’s Cashfusion Fund officially surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations. The funds will go toward Cashfusion developer expenses and a security audit from Kudelski Security. Bitcoin.com also matched the funds donated so Cashfusion can provide bitcoin cash users with the best privacy methods available […]

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Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month

Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital currencies like bitcoin cash (BCH) have joined BTC’s dominant […]

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