The most popular cryptocurrency Bitcoin got its latest upgrade, popularly known as Taproot, last Sunday after four years.
Yet the inherent elegance of Bitcoin as money that captured the imagination of its early adopters, regulatory challenges apart, related to its dynamic nature.
Moreover, it can also be leveraged to let Bitcoin users perform more complex and smart contracts.
“This upgrade is unlikely to influence prices instantly, it does cause the Bitcoin network to become stronger, better, and more usable.
While Taproot may not lead to a sudden increase in prices, it certainly makes Bitcoin a less risky investment.
It’s more about technological change.