Bitcoin is set to integrate the privacy-focused upgrade known as Taproot later this year.
As noted by Taproot.Watch, which has tracked the weeks-long effort to secure activation support among bitcoin's mining sector, a sufficient number of supportive blocks -- at least 1,815 -- was achieved on Friday. The signaling period, known as the "Speedy Trial," began last month.
The integration of Taproot represents the first major upgrade to Bitcoin's code since the introduction of Segregated Witness in 2017. The full activation of Taproot is set for network block 709,632, which is expected to occur sometime in mid-November.
Taproot has long enjoyed support among bitcoin advocates for the privacy, security and efficiency gains afforded to the network. The code was technically merged with the wider Bitcoin Core codebase last year, as previously reported. Alongside Taproot is the introduction of Schnorr signatures, which enable users to encode spending policies in individual public keys.
Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.
Bloomberg reported Friday that a broad U.S. government investigation into the operator of crypto exchange Binance has widened to include "whether Binance or its staff profited by taking advantage of its customers."
The securities regulator for Alabama issued a show-cause order on Thursday to crypto lender Celsius, seeking an explanation for why its offerings don't constitute the sale of securities under state law.