Six Months Later, Bitcoin Community Finally Debates How to Activate Taproot

The Taproot upgrade represents one of the most significant developments for Bitcoin’s mainchain in recent months. Instead, a “Modern Softfork Activation” procedure proposes a hybrid system where the upgrade would get rejected after failing to reach consensus in a year.

After another six months of discussion, the community could decide to begin a two year-long procedure which would activate the upgrade at expiry. More than six months have passed since Taproot’s initial formalization as a Bitcoin Improvement Proposal in January.

Timeline of Bitcoin