Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Taproot Update : Ordinals are killing bitcoin use case
by
Faisal2202
on 21/04/2024, 18:55:45 UTC
the whole softening of the rules in the last 7 years has not helped bitcoin. but has just helped dev politics do as they please even at the annoyances of bitcoiners..
I am not saying you are wrong, but Taproot has its benefits as well, although the protocols BIP 340- BIP 341 and BIP 342 are combined in the Taproot upgrade and the 341 upgrades has enabled the implementation of smart contracts which leads the creation of Dapps which is a positive sign as there will be more adoption. And few days ago people were praising Taproot and some are not as OP is not praising Taproot. Everything comes with some pros and with some cons as well.

But I think the pros are more than cons, although due to money making minds of people, the usecase of taproot
's first protocol of 340 is less while the usage of protocol of BIP-341 and BIP-342 is more. But still, I think certain limitation are needed to minimize the tx fee otherwise, things will gets a little difficult for the adoption of BTC.