Thank God for Bitcoin.
We live in exciting times!
I am optimistic that Taproot will activate within a few mining epochs after the current epoch.
The real time dynamic nature of Bitcoin will never cease to amaze me.
If at first you fail at micromanaging your own economy, attempt to micromanage the global economy by creating a "global minimum tax".
@LukeDashjr you said there was talks of scheduling an IRC chat to debate activation methods for core. Has this been planned yet? — ₿enthecarman 🥕 (@benthecarman) January 20, 2021 We can
These are the type of improvements that you want to see as an individual who believes in future in which the Bitcoin Network is at the heart of the global economy.
There's a lot going on in the Bitcoin world at the moment. Here are a few things that caught my attention.
There is a lot going on that I think you freaks should be aware of.
The way in which these BIPs will be activated will set a precedent for future activations of protocol additions.
Slowly but surely...
And the haters will tell you Bitcoin development is stagnant. LOL!
Hopefully this stokes conversations about other potential improvement proposals that many are anticipating may be activated.
Escher Hub is particularly cool because the product has the goal of cutting down fiat and bitcoin settlement times while buying/selling bitcoin while increasing buy limits dramatically.
Learn how Schnorr signatures differ from ECDSA signatures, the current algorithm used to generate Bitcoin private-public key pairs. What a Merkelized Abstract Syntax Tree is and how Taproot's construction is different.
While it is exciting to finally see a BIP for these improvements, I believe it is important to temper our excitement with a healthy dose of skepticism and adversarial thinking.
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