| Time | Details |
|---|---|
| 2024-10-21 09:19 |
Babylon's Success Highlights Taproot's Impact on Bitcoin
According to BitMEX Research, Babylon, a Bitcoin-based staking system, has accumulated inflows of 24,000 BTC, demonstrating the success of the Taproot upgrade. The research suggests that Babylon's performance is evidence of Taproot's effectiveness as a significant and beneficial enhancement to the Bitcoin network. (Source) |
| 10:38 |
SegWit and Taproot Adoption in Bitcoin Transactions
According to BitMEXResearch, SegWit has been highly successful, now representing approximately 97% of all Bitcoin transactions, indicating strong adoption and implementation by Bitcoin Core. Additionally, Taproot is gaining traction with over 100,000 BTC currently stored in Taproot addresses, and this number is rapidly increasing. This reflects growing confidence and usage of these Bitcoin protocol upgrades. (Source) |