It’s been long coming, but now it’s here – Taproot, Bitcoin (BTC)’s largest upgrade in more than four years.
Per taproot.watch, the upgrade finally activated today at block height 709,632. According to Blockchain.com, the block's miner was F2Pool. The upgrade's relevance has been widely noted, and crypto-focused research firm Arcane Research stressed that it is “arguably the most important and anticipated upgrade to the Bitcoin network” since Segregated Witness (SegWit), activated in 2017. As a reminder, SegWit led to a community split and a hard fork that created Bitcoin Cash (BCH).
Crypto exchange Kraken went further and described Taproot as “an upgrade for the ages.” They stated:
"Taproot is arguably the most significant upgrade to date,
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