It’s also a good idea to upgrade because some wallets will cease working properly if they aren’t updated.
Given that the Bitcoin Core 22.0 Release Candidate has already been released, testing is likely to be completed within a few weeks, with presumably positive results, allowing it to be disseminated before the actual activation of the update.įor Bitcoin users, on the other hand, essentially nothing will change, save that if they use non-custodian wallets, they will be able to update them to utilize the updated versions that support the new capabilities.īecause Taproot is a soft-fork rather than a hard-fork, people who do not upgrade will continue to use the old versions without the new functionality. Only roughly 43% of nodes currently support Taproot, thus before the upgrade is activated, the final version of Bitcoin Core 22.0 must be released so that as many node managers as possible can update their software. Only the next version of Bitcoin Core, 22.0, is planned to provide full Taproot capability. Indeed, prior versions did not natively and fully integrate all of the new features of the update that will be activated in November, so the current version 0.21.1, for example, only includes the ability to pay Taproot addresses and the ability to forward and extract Taproot transactions after activation. The integration of Taproot is perhaps the most crucial aspect of this new edition. Bitcoin Core now has Taproot integration. Nonetheless, Bitcoin Core, which is also totally open-source, is far more convenient. In fact, anyone can write their own Bitcoin-compatible software and run it independently to administer a node in principle. As a result, it is by far the most extensively utilized Bitcoin node around the world. There are currently 12,394 public nodes throughout the world, with 12,248 (almost 99 percent) based on Bitcoin Core.īitcoin Core is the descendant of Satoshi Nakamoto’s initial program, Bitcoin v0.1.0, which was released in January 2009. As a result, the value will no longer be 0.22.0, but simply 22.0.īitcoin Core is by far the most popular client for running a Bitcoin node throughout the world. The most recent version of Bitcoin Core is 0.21.1, which is currently in use on the Bitcoin mainnet, however the numbering will change with the next release. Testing on this release has also been made easier thanks to the publication of a guide. There may also be a few more issues than usual due to changes to the Bitcoin Core release and distribution process. The binary code is available on GitHub, where you can test the release on a wide range of supported platforms, including interactions with various software. Bitcoin Core 22.0’s Release Candidate has been ready for testing for a few days now.