BIPs bitcoin improvement proposals

343 - Mandatory activation of taproot deployment

<pre> BIP: 343 Layer: Consensus (soft fork) Title: Mandatory activation of taproot deployment Author: Shinobius <quantumedusa@gmail.com> Michael Folkson <michaelfolkson@gmail.com> Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0343 Status: Proposed Type: Standards Track Created: 2021-04-25 License: BSD-3-Clause CC0-1.0 </pre> ==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 failed to meet the signaling threshold during the BIP8 deployment. It is important that mandatory signaling is incl...