Upgrade of Bitcoin (BTC) Taproot

Binance will support the upgrade of Bitcoin (BTC) Taproot. The specific arrangements are as follows:

Binance will perform a soft fork upgrade at a block height of 709,632 (expected on November 14, 2021, Eastern Eighth District time ) on the Bitcoin network, called the Taproot upgrade, which aims to improve the privacy and efficiency of the network and optimize smart contracts.

The Bitcoin soft fork and upgrade will be carried out at block height 709,632 of the Bitcoin main network.

The estimated time is for user’s reference only and may change according to the processing speed of the block.

During the network upgrade, BTC transactions will not be affected.

This Bitcoin (BTC) network upgrade and a hard fork will not generate new fork coins.

Binance will assist users in dealing with any technical issues in the upgrade.

Go to Binance Official Website