A year after Taproot, Bitcoin community works to unlock its DeFi potential By Cointelegraph
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© Reuters. Taproot support across the industry is still crawling one year after the soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world’s largest cryptocurrency, sources told Cointelegraph.
“Since early on, Satoshi predicted that layers being built on top of the Bitcoin blockchain would enable Bitcoin to move beyond being only sound money by adding programmability, which makes Bitcoin the optimal framework to build out Web3 capabilities,” noted Alex Miller, CEO of the Web3 developer platform Hiro.
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© Reuters. Taproot support across the industry is still crawling one year after the soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world’s largest cryptocurrency, sources told Cointelegraph.
“Since early on, Satoshi predicted that layers being built on top of the Bitcoin blockchain would enable Bitcoin to move beyond being only sound money by adding programmability, which makes Bitcoin the optimal framework to build out Web3 capabilities,” noted Alex Miller, CEO of the Web3 developer platform Hiro.
Continue Reading on Coin Telegraph
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