Bitcoin Confirms Massive New Upgrade As Competition From Ethereum, Cardano, Binance’s BNB And Dogecoin Heats Up

Bitcoin, the biggest cryptocurrency by value with a market capitalization of around $750 billion, has confirmed its first upgrade in four years.

Bitcoin miners—those who secure the bitcoin network and validate transactions in return for bitcoin tokens—approved the long-awaited upgrade, known as taproot, that’s due to take effect in November.

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