‍The Taproot Divide: Bitcoin's Contentious Upgrade Sparks Debate

Bitcoin's Taproot upgrade, activated in November 2021, aimed to enhance privacy and efficiency. However, its creators may have underestimated the "social attack surface" it would create, leading to an influx of non-financial transactions like Ordinals and BRC-20s.

This has ignited a debate within the Bitcoin community regarding the network's core purpose. While some advocate for Bitcoin as a peer-to-peer electronic cash system, others embrace its potential for diverse innovations, arguing that the network should not censor transactions.

Proponents of Ordinals highlight their contribution to network security through transaction fees, particularly as block subsidies decrease. However, fee volatility remains a concern. The ongoing discussions surrounding Taproot underscore the dynamic evolution of Bitcoin.

https://cryptovka.ru/en/news/4786/the-taproot-divide-unpacking-bitcoin-s-contentious-upgrade