Bitcoin miners representing roughly 91% of the network’s hashpower have demonstrated support for Bitcoin’s biggest upgrade in years, Taproot. These activation methods vary the length of time required and whether or not to include a measure that would force the upgrade through full nodes with a “user activated soft fork.” Given miner support, Bitcoin developers believe the upgrade should activate without issue, regardless of the specific proposal chosen.
Now that most all major mining pools have pledged support for Bitcoin’s Taproot upgrade, all that’s left is the actual activation – but the members of Bitcoin’s open-source community have to pick the method first.
There are currently a handful of proposals vying for attention among Bitcoin’s stakeholders. Summing up the differences between them, some of these allot longer activation times than others, and some would allow the upgrade to be “forced” through full node activation if miners don’t put their hashrate where their mouth is when