Discussing Taproot's Lockdown

In this episode of "The Van Wirdum Sjorsnado", the presenters discussed the lockdown of Bitcoin's Taproot soft fork upgrade. Watch this episode on YouTube Listen to this episode: AppleSpotifyGoogleLibsynOvercast As discussed in previous episodes, Taproot is an upgrade of the Bitcoin protocol that makes smart contracts more compact, personal and flexible. Van Wirdum and Provoost also discussed the Taproot upgrade process in previous sections, including the Quick Trial activation method used by Bitcoin Core. About a week ago, the Quick Trial signal threshold was reached, meaning Taproot is locked and will be enabled later this year. The hosts provided details on what exactly this means and what needs to be done so that Taproot can finally be used safely on the Bitcoin network. Provoost also discussed potential use cases enabled by the upgrade, while explaining how upcoming Bitcoin Core releases will handle the Taproot upgrade and what the Bitcoin Core wallet software will and will not enable. Finally, Van Wirdum and Provoost discussed the Speedy Trial's activation process and specifically the lessons learned from it, which may contribute to future softfork upgrades. They also briefly speculated about what protocol upgrades might be next. This podcast is ideal for those who want to learn more about the technical side of Taproot. Van Wirdum and Provoost always provide great insights into Bitcoin's ongoing improvements and advancements, and Taproot promises to be one of the most important updates in a long time. Enjoy this detailed and stimulating conversation between Van Wirdum and Provoost.

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