792,605 🥳
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I asked bard the significance of this blocknumber and this is was the reoly. Is it close?
"Block 792,605 is significant on the Bitcoin network because it was the first block to be mined using the Taproot upgrade. Taproot is a major upgrade to the Bitcoin protocol that introduces a number of new features, including Schnorr signatures, key aggregation, and Tapscript. These features make Bitcoin more efficient, private, and secure.
The Taproot upgrade was activated on November 15, 2021, after a majority of miners signaled their support for it. Block 792,605 was mined shortly after the activation of the upgrade.
The Taproot upgrade is a major milestone for the Bitcoin network. It is the first major upgrade to the protocol since Segregated Witness (SegWit) was activated in 2017. Taproot is expected to make Bitcoin more efficient, private, and secure.
Here are some of the benefits of Taproot:
* **Efficiency:** Taproot makes Bitcoin more efficient by reducing the size of transactions. This is because Taproot allows multiple signatures to be aggregated into a single signature. This can save significant amounts of space on the blockchain, which can lead to lower transaction fees.
* **Privacy:** Taproot makes Bitcoin more private by obfuscating the purpose of transactions. This is because Taproot allows for contracts to be executed privately. This can help to protect users' privacy and prevent their financial activity from being tracked.
* **Security:** Taproot makes Bitcoin more secure by making it more difficult to create fraudulent transactions. This is because Taproot introduces new security features, such as Schnorr signatures. These features make it more difficult for malicious actors to create fraudulent transactions.
Overall, Taproot is a major upgrade to the Bitcoin protocol that brings a number of benefits, including efficiency, privacy, and security."
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Was that unknown block a hit? Sunk a battleship? Nice work Gigi
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