Tag: Bitcoin network

What will happen when all 21 million BTC are mined

November 24, 2021 By admin 0

Like gold, Bitcoin cannot simply be created arbitrarily. Gold must be extracted from gold mines on Earth. Bitcoins must be mined through highly configurable machines. The Bitcoin mining algorithm and process was created and predefined by the founder. Like gold, bitcoin has a finite supply.…

Bitcoin successfully activated Taproot

November 22, 2021 By admin 0

The Bitcoin network has just successfully activated Taproot, one of the most important updates since 2017. The final update Segregated Witness (SegWit) was integrated for the first time to solve Bitcoin’s scaling problem. . Taproot is a soft fork for the Bitcoin network, aimed at…