On June 12, the crypto community celebrated that the Bitcoin network banned Taproot support to trigger the largest upgrade to the protocol in four years. 24 days later, taproot support across Bitcoin nodes is down to 27.55% and upgrade advocates are urging the community to upgrade their nodes.
Data from the Twitter account Taproot Signal shows that Taproot-enabled nodes make up just over 27% of all known public nodes. 72.45% have not yet upgraded bitcoin nodes to support the upcoming activation phase in November, however the upgrade is a soft fork which means nodes do not need to be upgraded. Likewise, the Segregated Witness (Segwit) Soft Fork was missing an adoption knot when it was activated in 2017.
Source: Taproot signal
Segwit’s adoption rate did not increase much until March 2018. Segwit adoption peaked at 53% on February 23, 2021 and has now risen even higher to 77%, according to the report. Data Segwit usage was recorded on July 7th. After Segwit was implemented, many Bitcoin node operators and large crypto companies pushed to accept the soft fork. The same goes for Taproot today, as proponents on the forums are urging node operators to upgrade to a Taproot-enabled node as soon as possible.
Was a Redditor over 2 weeks ago write:
“Less than 25% of the nodes support Taproot, update your nodes.”
In the forum post, people were discussing what should happen to a node that has not been updated to 0.21.1. One said that if a node is not upgraded to 0.21.1 after block 709.632 and if “miners generate a block that violates taproot rules”, they “can consider the block valid while anyone is upgrading has carried out, considers it to be invalid ”. Another Redditor disagreed with such a review.
“As far as I understand, there is no way to create a block that violates Taproot’s rules. It was a soft fork. Both old and updated nodes consider blocks before and after taproot to be valid. Old nodes would see UXTO Taproot as an output that “anyone can output” … but they don’t now. It works on all versions. “
On July 5, 2021, another post on Reddit urged r / bitcoin Bitcoiner to update their nodes.
“If you’re running Node, be sure to update it to support Taproot, so far only 27% are doing it.”
Once again, thread This sparked another debate after some redditors told the post author that Taproot was a soft fork and that the posts calling for the upgrade were useless.
“Taproot is a soft fork so there is an option to participate or not. You don’t need to update. I run two full nodes, both of which contain the latest version of Bitcoin Core. Why not support freedom of expression? “.
The famous twitter account miguel en el espacio also has to discuss Tuesday’s Taproot upgrade thread mentions a 27% support thread on Reddit.
“I see a lot of ‘your mission is to update posts’. I think the soft fork is optional and you are welcome to enforce the consensus while bypassing the vendor extension. “
me too mention to Chris DeRose, former host of “Bitcoin Uncensored”:
“DeRose’s boast that Bitcoin has no flaws has been forgotten and is shameful. It is Mircea Popescu, the Bitcoin provider extension and the Bitcoin points platform. “
There are a lot of people on Twitter who want node operators to support Taproot asap. “Update your nodes on Taproot and ask your friends to do so,” Francis Pouliot speak with 68,000 followers on his Twitter.
“The financial incentive for nodes to upgrade to Taproot is that it increases the value proposition for Bitcoin, making your coins more valuable,” another person said on June 13. In fact, a number of Twitter posts on June 13 showed a large number of tweets asking Bitcoin node operators for updates.
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