In true cryptocurrency fashion, we continue to bounce from one crazy event to another seemingly every single week.
Now we introduce ‘Schnorr’ into the mix Schnorr is set to be the biggest implementation to the Bitcoin code since SegWit, which I’m sure we all have fond memories of the consequences & aftermath that ensued.
Unlike SegWit, Schnorr has already received more positive feedback from BTC developers & those involved deeper in the space due to its clear goal of transforming the visibility of advanced multi-sig transactions currently visible as more than one person has to sign off on the transaction to instead cloaking these to look like any other transaction.
Allegedly, this is the privacy & scalability upgrade Bitcoin has been long overdue.
All of these Bitcoin changes proposed are telling me there’s a reason, the tech is dating against the newer infrastructures of competing crypto’s and the cracks of Bitcoin’s pre-historical code are ongoing ever-needed improvements to catch up and with no idea put forth on how to even implement Schnorr yet, market manipulation will be thriving once again as the small group holding the biggest influence on Bitcoin’s price & mining will very likely grab this opportunity for another SegWit-style scenario.
Unnecessary drama, fear of another fork to a new chain & price manipulation, you know the drill..
Sit tight this week has been full with news of all sort. Crypto is going no where
