Support for Bitcoin’s Taproot Upgrade Surges to 45%

[sneakyboi]

Support for Bitcoin’s Taproot Upgrade Surges to 45%

F2Pool, the largest Bitcoin mining pool—that currently provides around 17% of the blockchain’s total hash power—has been listed on the “Taproot-Activation” website, signaling its support for Bitcoin’s protocol upgrade proposal Taproot.

With the addition of F2Pool, Taproot, which aims to improve the network’s privacy and efficiency, has now gained the combined support of miners responsible for 45% of Bitcoin’s hash power. This means it is just 6% away from reaching a majority.

Learn more about the news here.