On Fri, Jul 11, 2025 at 08:44:09PM -0700, /dev /fd0 wrote: > > P2TR UTXO count¹: 57,956,440 (34.7% of UTXO count) > > The fact that 86% of these UTXOs are under 1000 sats suggests that the use > cases envisioned by protocol developers before taproot activation are still > struggling to gain adoption.
We created a new address standard and asked everyone to eventually transition to it. Some brand new use-cases creating lots of UTXOs popped up, and decided to implement it on day zero. Just like we asked. The fact that existing code, deployed in production, takes much longer to upgrade should not surprise anyone. That's not a failure of taproot. It's just inevitable. Even P2PKH addresses are still fairly commonly used, even though they're inherently quite a lot more expensive in terms of fees. -- https://petertodd.org 'peter'[:-1]@petertodd.org -- You received this message because you are subscribed to the Google Groups "Bitcoin Development Mailing List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/bitcoindev/aHi7k1-UFLHHr3pt%40petertodd.org.
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