The update might improve transaction privacy to allow for recurring payments without a third party
As reported by a crypto-journalist, Bitcoin Core may see its next major release around April as the first RC version (v23) is released on Github. Details regarding the next major release remain scarce at this time, other than 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 rarely experiences such drastic changes, but this demonstrates that it continues to grow, even as it progresses steadily. Bitcoin Core is the source code reference implementation of Bitcoin, 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 drop
The cryptocurrency market is currently under heavy selling pressure after failing to maintain its bullish momentum. Total market capitalization fell by $65 billion over the past day, slipping below $1.8 trillion. It is now down 40% from the November 10 peak of around $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, he then managed to stage an impressive price rally and ended up recovering the $45,000 level for the first time. The main crypto had hit highs of $45,332 on March 2 before crashing.
