Bitcoin Might See a Major Core Update in April: Details

AnalysisBitcoin Might See a Major Core Update in April:...



Tomiwabold Olajide

The update might improve transaction privacy to allow for recurring payments without a third party

As reported by a crypto-journalist, Bitcoin Core might see its next major release around April as the first RC version (v23) is released on Github. Details around the upcoming major release remain scanty at the moment, aside from the Github release.

However, the update might improve transaction privacy to allow for recurring payments without a third party, as noted by a Bitcoin user.

The Bitcoin network seldom sees such drastic changes, but this demonstrates that it is still developing, even if it is progressing steadily. Bitcoin Core is the Bitcoin source code’s reference implementation, which means that all other implementations look to Core for guidance.

In September 2021, Bitcoin Core 22.0 was released to replace the previous version v0.21.0, marking the release of the 22nd version. While introducing several improvements to the software, Bitcoin Core 22.0 was the first major release to support the Taproot protocol upgrade, which launched in November 2021. The Taproot update was proposed in 2018 by then-CTO of Blockstream Bitcoin development studio, Gregory Maxwell.

Bitcoin price dips

The cryptocurrency market is under severe selling pressure as of now after failing to sustain its bullish momentum. The total market capitalization has shrunk by $65 billion over the last day, slipping below $1.8 trillion. It is now down 40% from the Nov. 10 peak of roughly $3 trillion.

Bitcoin, the world’s leading cryptocurrency, slipped to lows of $40,800 on March 4 as the entire cryptocurrency market tanked. The cryptocurrency is now down almost 4.59% in the last 24 hours, suggesting that bears might be back in the driver’s seat. Bitcoin tanked to $34,324 on Feb. 24, hitting a one-month low.

However, it then managed to stage an impressive price recovery and ended up reclaiming the $45,000 level for the first time. The lead crypto had risen to highs of $45,332 on March 2 before tumbling down.



Learn more

Latest news

Bernard Arnault company demands Kenz Beauty change its name

A small business owner has found herself embroiled in a legal battle with one of the world’s largest...

Carvana stock, heavily shorted, spikes as much as 27%

Carvana's (CVNA) stock was halted for volatility on Wednesday morning as it rose 27% before retreating.Shares of the...

Eight Tips For Increasing Engagement With Your Business’s Instagram

Though TikTok may be receiving a lot of press as of late, steadfast platforms like Instagram still reign...

Trust in Cryptocurrencies Collapses: Poll

Alex Dovbnya Trust in cryptocurrencies has taken a hit globally, declining by 30 percentage points on average across 17...

Tina Fey, David Simon call on MSNBC to end writer’s logjam

Unionized writers for all of MSNBC’s programs got support Wednesday from Hollywood heavyweights in their stalled battle for...

15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis

If you are investing in dividend stocks, the last thing you want to see is a company cutting...

Must read

Bernard Arnault company demands Kenz Beauty change its name

A small business owner has found herself embroiled...

Carvana stock, heavily shorted, spikes as much as 27%

Carvana's (CVNA) stock was halted for volatility on...

Eight Tips For Increasing Engagement With Your Business’s Instagram

Though TikTok may be receiving a lot of...

You might also likeRELATED
Recommended to you