Hodler’s Digest, November 7-13 by Cointelegraph

Taproot is activated, K-pop enters Metaverse, Staples Center becomes Crypto.com Arena: Hodler’s Digest, November 7-13

The network welcomes Taproot soft fork upgrade

Bitcoin (Bitcoin) The network underwent its first major upgrade since 2017. After the Taproot soft fork went live, miners and mining pools reached a 90% locking consensus between blocks 709,488 and 709,632.

Taproot will obviously improve the scripting ability and privacy of the Bitcoin network by enabling a concept called Merkel Abstract Syntax Tree, which can improve the efficiency of smart contracts without revealing the private behind the contract during transactions. data.

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