BIPs bitcoin improvement proposals

343 - Mandatory activation of taproot deployment

BIP: 343 source Layer: Consensus (soft fork) Title: Mandatory activation of taproot deployment Author: Shinobius Michael Folkson Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0343 Status: Final Type: Standards Track Created: 2021-04-25 License: BSD-3-Clause CC0-1.0 Table of ContentsAbstractMotivationSpecificationReference implementationBackward CompatibilityCompatibility with later alternative activationsRationaleAcknowledgementsReferencesCopyright Abstract This document specifies a BIP8 (LOT=true) deployment to activate taproot. Motivation The Taproot soft fork upgrade has been assessed to have overwhelming community consensus and hence should attempt to be activated. Lessons have been learned from the BIP148 and BIP91 deployments in 2017 with regards to giving many months of advance warning before the mandatory signaling is attempted. The mandatory signaling is only required if miners have...