Tag: network


The most significant network update in years improves privacy and scalability while also introducing smart contracts.

The Bitcoin network has received a major technical upgrade known as Taproot, which is the network's most significant update since 2017. The latest version went live on November 14 and will let developers implement new features that will improve the Bitcoin network's privacy, scalability, and security. Since June, when over 90% of miners elected to "signal" their support, the update has been anticipated.

Gavin Wood, the founder of Polkadot, teases a $750 million funding network.

Polkadot's 41-year-old founder, Gavin Wood, has revealed plans to invest $774 million (approximately Rs. 5,800 crores) in the open-source crypto network's development. Wood intends to use the idle native tokens of Polkadot (DOT) — which have seen some recent increase — to support the development. Polkadot is now selling at $1,009 (approximately Rs. 3,246) on October 20, according to the Gadgets 360 crypto price tracker. Wood stated in a tweet that the Polkadot treasury currently has 18,936,300 DOT tokens sitting dormant.
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