Bitcoin Taproot upgrade faces difficulties as less than 28% voted for support

Following the block size increase in 2017, Taproot is the most significant upgrade to the leading cryptocurrency network so far.

In March, an agreement was set in place in favor of Taproot, in the form of a “Speedy Trial,” giving miners a series of two-week blocks to signal support for the upgrade.

At the time, the Bitcoin community agreed that the upgrade would benefit the network, making complex transactions more scalable and private.

Despite the difficulties in reaching a consensus this round, the next two-week window for miners to signal support would start again.

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