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Cryptocurrency News Video

[In -depth exploration] In 2024, the upgrade of Bitcoin's key agreement and $ 15 million investment help to popularize the world

Feb 02, 2025 at 09:36 pm AI探索

For Bitcoin in 2024, it marks an important turning point. The cryptocurrency community is preparing to implement a series of key expansion solutions. This year, five key agreements will be upgraded to improve the function and availability of Bitcoin. At the same time, it also announced an investment of up to $ 15 million to promote the use of Bitcoin globally. The combination of technological progress and funding support aims to make Bitcoin a more efficient and wider acceptable digital currency. First of all, the five key protocols are upgraded as follows: 1. Taproot: This upgrade enhances the privacy and scalability of Bitcoin, which can be packaged in complex transactions. After using this feature, the efficiency and cost of Bitcoin transactions have been significantly reduced, because the amount of data that needs to be processed on the blockchain is reduced. The introduction of Taproot is expected to enhance users' confidence in Bitcoin's privacy and make it more attractive to users who are concerned about anonymous. 2. SEGREGATED WITNSS (Segwit): SEGWIT separates the signature data from the transaction data, thereby increasing the capacity of each block. This upgrade makes the transaction processing faster and significantly reduced the transaction fee. By optimizing the block space, SEGWIT relieves network congestion, making Bitcoin transactions more efficient during high demand period. 3. Lightning Network Expansion: As a two -layer solution, Lightning Network allows users to conduct instant transactions at lower costs. The continuous development of this technology is very important for daily transactions, such as buying coffee or paying service fees. The expansion of Lightning Network aims to promote micro -transactions, improve the overall user experience, and reduce waiting time and cost. 4. Batching Transactions: This technology allows multiple transactions to be merged into one, thereby reducing the amount of data that needs to be processed on the blockchain. Batch transactions not only improve the scalability, but also reduce the user's network costs. Through one -time settlement multiple payment, Bitcoin can handle higher trading volume without increasing the burden on the network. 5. Smart Contract Capabilities: By integrating more powerful smart contracts into Bitcoin, developers can create more applications beyond simple transactions. This upgrade will attract enterprises and developers who seek to use Bitcoin for innovative use cases, including decentralized finance (DEFI) applications and automation protocols to further consolidate Bitcoin's position in the blockchain ecosystem. At the same time, a $ 15 million investment in promoting the global adoption is an important part of the Bitcoin expansion plan. This fund will be used to improve infrastructure, user experience, and educational activities on Bitcoin benefits. It is worth noting that companies such as WonderFi Technology are at the forefront of this investment initiative. Wonderfi recently announced
Video source:Youtube

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