The Taproot/Schnorr Soft Fork is Now Formally Proposed as Bitcoin Improvement Proposals
According to one of the developers of Bitcoin Core, Pieter Wuille, the Schnorr/Taproot software fork received the official status of proposals for improving Bitcoin. The information appeared on the developer`s Twitter. He claims that these proposals can already be considered final since a tremendous work has been done previously to study and improve them. Further, the community of developers should express their opinion. They must decide whether to incorporate these improvements into the original source code of bitcoin or not. Earlier we wrote why the BTC transaction fees increase, and what awaits us in the future? To keep up with the latest news in the world of cryptocurrencies and the blockchain industry, check out updates on TheCoinShark.