Taproot

Binance resumed bitcoin withdrawals after a second pause, as the Bitcoin network suffers from congestion. This comes as fee rates on the bitcoin blockchain surged to a 2-year high after Taproot enabled inscriptions and BRC-20 to take up coveted block space. Sam Reynolds, CoinDesk Senior Markets Reporter for Asia, breaks down this developing story.

May 8, 2023

By Nathaniel WhittemoreFeb 1, 2023

Data Scientist Alyssa Blackburn discusses the early days of Bitcoin, followed by a Q&A moderated by CoinDesk's David Morris. Plus, a conversation between Jimmy Song (Bitcoin Today Coalition) and CoinDesk's Christie Harkin on the Taproot upgrade and the future. The session ends on a panel discussion with Dr. Adam Back (Blockstream), Yan Pritzker (Swan.com) and Todd Sharpe (Foundry Digital).

Jun 22, 2022

Lightning Labs Co-founder and CTO Olaoluwa Osuntokun, also known on social media as “roasbeef,” shares insights into the Lightning Network’s latest Taproot-powered “Taro” protocol aiming to bring stablecoins to Bitcoin. Plus, a wider conversation on Lightning Network’s use cases and adoption.

Apr 20, 2022

CoinDesk Research Analyst George Kaloudis discusses the announcement of the Taproot-powered protocol Taro (Taproot Asset Representation Overlay). Kaloudis explains Taro’s potential to bring new assets like stablecoins and NFTs to the Bitcoin network and its proposed use of “embedded consensus” technology.

Apr 11, 2022

Lightning Lab's Elizabeth Stark announced a Taproot-enabled protocol called Taproot Asset Representation Overlay (Taro) that has received $70 million in Series B funding to bring stablecoin capability to the Bitcoin network. “The Hash” panel discusses how this project can revitalize Bitcoin’s early function as a means for payments and the technological capabilities of the Taproot upgrade.

Apr 5, 2022

By Adrian Blust, Adam B. LevineNov 30, 2021

Bitcoin is looking to regain its footing, having reached five-week lows early Friday in a move market participants said was driven by derivatives. Haohan Xu, CEO of crypto trading firm Apifiny, discusses his views on bitcoin's trajectory and how low it could go. Plus, whether the benefits of Taproot could already be priced into BTC.

Nov 19, 2021

Bit Digital says the entire crypto mining fleet is now out of China. Taproot upgrade unlocks greater bitcoin network utility. Singapore's Mintable aims to become the world's largest NFT marketplace. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Nov 18, 2021

Jason Deane, a Bitcoin analyst at Quantum Economics, discusses his views on the impact of Taproot on bitcoin's price as the technical upgrade went into effect Sunday. "There are a lot of people forecasting 6 figures," Deane said. "I think it's possible."

Nov 15, 2021