The latest Bitcoin network difficulty adjustment was the most significant one in quite some time. Besides being a -12.6% downward adjustment — unprecedented during a bull market, and one of the largest downward adjustments in Bitcoin’s history — it also marked the beginning of the signalling period for Taproot activation. A few hours after the adjustment, Slush Pool mined block 681,458 with the version bits 0x2f900004 — the first block signaling support for Taproot. What followed was a wave of support from throughout the Bitcoin community and some of the best memes in recent memory, both of which we greatly ... (full story)