{"id":9193,"date":"2021-07-06T21:54:52","date_gmt":"2021-07-06T21:54:52","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/bitcoin-taproot-support-lags-at-27-even-though-soft-fork-is-opt-in-supporters-beg-nodes-to-update\/"},"modified":"2021-07-06T21:54:52","modified_gmt":"2021-07-06T21:54:52","slug":"bitcoin-taproot-support-lags-at-27-even-though-soft-fork-is-opt-in-supporters-beg-nodes-to-update","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/bitcoin-taproot-support-lags-at-27-even-though-soft-fork-is-opt-in-supporters-beg-nodes-to-update\/","title":{"rendered":"Bitcoin Taproot Support Lags at 27% \u2014 Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update"},"content":{"rendered":"

On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to activate the largest upgrade the protocol has seen in four years. 24 days later, Taproot support via Bitcoin nodes has only reached 27.55% and upgrade supporters are pleading with the community to update their nodes.<\/strong><\/p>\n

It\u2019s Your Duty to Upgrade Nodes, Say Numerous Bitcoin Taproot Threads<\/h2>\n

Data stemming from the Twitter account called Taproot Signal<\/a> shows that Taproot-supporting nodes only represent a touch over 27% of the known public node count. 72.45% have not updated their Bitcoin nodes to support the upcoming activation period in November. The upgrade, however, is a soft fork which means nodes don\u2019t necessarily have to upgrade to remain within Bitcoin\u2019s ruleset. Similarly, the soft fork Segregated Witness (Segwit) suffered from a lack of node adoption as well, when it was activated in 2017.<\/p>\n

Bitcoin Node Taproot Support: 27.55%
??????????
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Node count:
Taproot: 16876
Non-enforcing: 43802
Light: 47
Unknown: 536 pic.twitter.com\/bEWJVUoQBQ<\/a><\/p>\n

\u2014 Taproot Signal (@taproot_signal) July 6, 2021<\/a><\/p>\n<\/p>\n

Segwit\u2019s adoption rates didn\u2019t kick in with much higher levels until March 2018. Segwit adoption levels tapped a high of 53% on February 23, 2021 and today levels have risen higher, reaching 71% according to Segwit usage data<\/a> recorded on July 6. After Segwit was implemented many bitcoiners pleaded with node operators and major crypto businesses to adopt the soft fork. The same can be said about Taproot today, as crypto supporters are posting on forums telling node operators to update to a Taproot supporting node as soon as possible.<\/p>\n

Over two weeks ago, one Redditor wrote<\/a>: \u201cLess than 25% of nodes enforce Taproot, UPDATE your nodes.\u201d In the forum post, people argued over what would happen to a node that hasn\u2019t upgraded to 0.21.1. One person said that if a node hadn\u2019t upgraded to 0.21.1 after block 709,632, and \u201ca miner were to produce a block that violates the Taproot rules\u201d they may \u201csee that block as valid while anyone who has upgraded sees it as invalid.\u201d Another Redditor responding to the comment disagreed with the person\u2019s assessment.<\/p>\n

\u201cAs far as I understand there\u2019s no way to produce a block that \u2018violates the tap root rules though,\u2019\u201d the individual wrote. \u201cIt\u2019s a soft fork. Old nodes and updated nodes both see pre-taproot and post-taproot blocks as valid. Old nodes will see taproot UXTOs as \u2018anyone can spend\u2019 outputs\u2026 but in reality, they aren\u2019t. It works on all versions.\u201d<\/p>\n

<\/p>\n

\u2018Upgrade Your Nodes to Taproot and Get Your Friends to Do It Too\u2019<\/h2>\n

On July 5, 2021, another Reddit post on r\/bitcoin appeared pleading with bitcoiners to update their nodes. \u201cIf you run a node, remember to update it to support Taproot, only 27% do so far,\u201d the Redditor\u2019s thread<\/a> said. Again this thread was met with debate after a few Redditors told the post\u2019s author that Taproot is a soft fork and these upgrade posts are useless.<\/p>\n

\u201cTaproot is a soft fork, so opt-in,\u201d the most up-voted comment on the thread says. \u201cYou don\u2019t have to upgrade. That being said, I run two full nodes both of which contain the latest bitcoin core version. Why not [support] freedom of speech? Even though I might not have to say anything that important, at least at the moment.\u201d<\/p>\n

The popular Twitter account @mikeinspace<\/a> also discussed the Taproot upgrade subject on Tuesday. Referring to the 27% support thread on Reddit, he told his 11,000 Twitter followers he\u2019s been seeing a number of these types of Taproot upgrade posts on social media.<\/p>\n

\u201cI\u2019m seeing a lot of this \u2018it\u2019s your duty to upgrade\u2019 lately,\u201d he tweeted<\/a>. \u201cI thought soft forks were meant to be optional and you can happily go about enforcing consensus while ignoring vendor extensions.\u201d The Twitter handle Mike in Space also mentioned<\/a> the notorious Chris DeRose, former host of the broadcast \u201cBitcoin Uncensored.\u201d Mike in Space added:<\/p>\n

There was a great DeRose rant about the immaculate Bitcoin that is now lost down the memory hole. It involved Mircea Popescu, Bitcoin vendor extensions and the bitcoin dot foundation, the one true Bitcoin.<\/p>\n

On Twitter, there is a great number of people asking or telling node operators to support Taproot as soon as possible. \u201cUpgrade your nodes to Taproot and get your friends to do it too,\u201d Francis Pouliot told<\/a> his 68,000 Twitter followers.<\/p>\n

\u201cThe financial incentive for nodes to upgrade to Taproot is that it increases the value proposition for Bitcoin, and hence helps your stash appreciate,\u201d another individual said on June 13. In fact, on June 13, a great swarm of posts on Twitter shows a number of tweets pleading with bitcoin node operators to update.<\/p>\n

What do you think about the lack of adoption Taproot is seeing today and the posts pleading with node operators to update as soon as possible? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nTechnology, activation, Bitcoin, Bitcoin (BTC), BTC miners, Francis Pouliot, Mike in Space, Miners, Miners Activate, r\/bitcoin, Reddit Posts, Soft Fork, Speedy Trial, Taproot, Taproot activation, Taproot lock-in, Taproot Signal, Taproot Update, Taproot upgrade, taproot.watch, technology, Upgrade<\/p>\n","protected":false},"excerpt":{"rendered":"

On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to activate the largest upgrade the protocol has seen in four years. 24 days later, Taproot support via Bitcoin nodes has only reached 27.55% and upgrade supporters are pleading with the community to update their nodes.…<\/p>\n","protected":false},"author":0,"featured_media":9194,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9193"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9193"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9194"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}