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What if Bitcoin Taproot follows SegWit’s path of adoption
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Bitcoin Taproot is finally live, a network upgrade that has been four years in the making. It was first put forward by Greg Maxwell, cryptographer and developer, in 2018 after SegWit was implemented on 24 August 2017. SegWit was the first major BTC soft fork update, which wasn’t taken all too well by the community.
Now, four years later, the ecosystem has another update in store to improve the privacy, scalability, and security of the network.
In this article, we will try to draw a possible adoption roadmap for Taproot and assess whether its impact would be immediate or prolonged.
Most of our current active readers became familiar with Bitcoin and co. in 2020-2021, but SegWit was a monumental upgrade to the network. SegWit came into the
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