The biggest Bitcoin upgrade in four years was just activated – Financial Post

Avatar

This section is Presented by
Now is the time to get into cryptocurrency
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.
This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.
Just a few days before this piece was written, Bitcoin’s first upgrade in four years went live. Marking a rare and important moment for stakeholders and aspiring investors, this evolution in the saga of cryptocurrency means something. The upgrade is known as Taproot, and it’s said to open up a lot of ways for entrepreneurs to expand how they use Bitcoin.
Elaborating, this piece from CNBC notes, “Unlike Bitcoin’s 2017 upgrade — referred to as the “last civil war” because of the contentious ideological divide separating adherents — Taproot has near-universal support, in part because these changes involve fairly incremental improvements to the code.”
In the tumultuous history of Bitcoin and cryptocurrency, those who are on the fence in regards to investing tend to fall into one of two camps. The first camp feels like they’re just never going to trust something as radical and different as cryptocurrency, even though it does make sense in an ideological sense. The second is interesting, but after seeing a major spike or dip feels like they missed out, or the time isn’t right, or some other made-up excuse.
The truth is, the technology behind cryptocurrency is still relatively young, and it is growing and advancing every single day. Big upgrades like Taproot show that now is as good a time as any to begin learning how crypto works, what investing in Bitcoin means and looks like, and other ways that this world can help improve yours.
For any of you who are one of the many of us feeling overwhelmed by crypto conceptually, there are easy and digestible avenues into understanding this world. One example is the Cryptocurrency Wealth Creation: Staking, Lending & Trading Course , which is only $25.99 for a limited time. With an average rating of 4.6/5 stars from students, this hour of content features eight lectures that will break down crypto essentials for you. Learn what yield farming is, how to copy trade and more with this affordable e-learning course.
Prices subject to change. 
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
A welcome email is on its way. If you don’t see it, please check your junk folder.
The next issue of Financial Post Top Stories will soon be in your inbox.
We encountered an issue signing you up. Please try again
365 Bloor Street East, Toronto, Ontario, M4W 3L4
© 2021 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.
This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Service and Privacy Policy.

source

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

Odell Beckham to Take Salary in Bitcoin Through Cash App Tie-In (SQ) – Bloomberg

Next Post

Every single Bitcoin transaction—even buying a latte—consumes over $100 in electricity, says a new report – Fortune

Related Posts