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Two Largest Bitcoin Mining Pools Antpool and Poolin add Taproot Support

source-logo  coingape.com  + 3 more 04 May 2021 13:38, UTC

Taproot, the latest major upgrade on the Bitcoin network since 2017 has started to gain traction among miners and mining pools. Two of the largest Bitcoin mining pools Antpool and Poolin have become the latest to integrate taproot. Taproot is a soft fork first proposed in 2018 by the Bitcoin core developer Gregory Maxwell and it promises to increase privacy and other aspects related to complex transaction issues. If implemented it would not just add privacy to crypto transactions it would also ease up the load on the network by nearly 20% as it segregates multiple transactions in one.

coingape.com

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