Marathon Digital To Begin Signaling For Bitcoin Taproot Activation: Here's What That Means
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Summary:
Marathon Digital Holdings, Inc (NASDAQ:MARA) a large Bitcoin (BTC) miner which operates the Mara Pool, will implement the latest Bitcoin Core 0.21.1 software on its mining hardware, signaling support for Taproot soft fork.
What Happened: The Nevada-headquartered company said in a statement Monday that the latest software update contains a “variety of features,” including Taproot. These features are “designed to improve privacy, improve scalability, and lay the groundwork for future enhancements to Bitcoin's functionality.”
Marathon said it would adopt the update without modification. “As a result, Marathon's mining pool, MaraPool, will no longer filter transactions,” said the company.
“Once the update is complete, the pool will begin validating transactions in a manner consistent with ...