Gate.io Supports Upcoming Bitcoin Taproot Upgrade

2021-11-09 08:30:27 UTC32796 views
According to the Bitcoin team, a soft fork upgrade Taproot will take place at block# 709,632, estimated on 15 November 2021.
Gate.io supports this upgrade and will suspend BTC deposits and withdrawals during the process. Deposits and withdrawals will be resumed as soon as possible after this upgrade. BTC trading will not be affected.
Thank you for your understanding and continued support.

The Taproot upgrade is a soft fork, which aims to improve transaction efficiency, privacy and support smart contracts functionalities.
Learn more:
https://bitcoincore.org/en/releases/22.0/