By mid-2021, the cryptocurrency industry was eagerly counting on bitcoin’s Taproot correction, to bounce back from the market’s decline that wiped off billions of dollars, depleting the market’s value by half.

The correction was billed to take place in November, and has now come to pass, introducing new features in bitcoin technology that are believed to be key in the leading cryptocurrency’s future growth.

Part of the features of the Taproot update are greater transaction privacy and efficiency, the ability to unlock the potential for smart contracts, which can be used to eliminate middlemen from transactions.

“Taproot matters, because it opens a breadth of opportunity for entrepreneurs interested in expanding bitcoin’s utility,” said Alyse Killeen, founder and managing partner of bitcoin-focused venture firm Stillmark.

The last time bitcoin underwent such a significant upgrade was in 2017.  But the upgrade was called “last civil war” because it divided bitcoin adherents with its controversial ideas. But unlike the last civil war, Taproot was generally accepted, partly because ‘the changes involve fairly incremental improvements to the code.’

Besides volatility, bitcoin’s other challenge has been the growing concern about its carbon footprint, a large part of reasons for its plunge earlier in the year. There was expectation that the Taproot upgrade would in some way, address the carbon concern. What really changed?

What is changing according to CNBC.

A big part of bitcoin’s makeover has to do with digital signatures, which are like the fingerprint an individual leaves on every transaction.

Right now, the cryptocurrency uses something called the “Elliptic Curve Digital Signature Algorithm,” which creates a signature from the private key that controls a bitcoin wallet, and ensures that bitcoin can only be spent by the rightful owner.

Taproot will add something known as Schnorr signatures, which essentially makes multi-signature transactions unreadable, according to bitcoin miner Alejandro De La Torre.

It won’t translate to greater anonymity for your individual bitcoin address on the public blockchain, but it will make simple transactions indistinguishable from those that are more complex and comprised of multiple signatures.

In practice, that means greater privacy, because your keys won’t have as much exposure on the chain. “You can kind of hide who you are a little bit better, which is good,” said bitcoin mining engineer Brandon Arvanaghi, who now runs Meow, a company that enables corporate treasury participation in crypto markets.

Smart contracts

These souped-up signatures are also a game changer for smart contracts, which are self-executing agreements that live on the blockchain. Smart contracts could theoretically be used for practically any kind of transaction, from paying your rent each month, to registering your vehicle.

Taproot makes smart contracts cheaper and smaller, in terms of the space they take up on the blockchain. Killeen says that this enhanced functionality and efficiency presents “mind blowing potential.”

Currently, smart contracts can be created both on bitcoin’s core protocol layer and on the Lightning Network, a payments platform built on bitcoin, which enables instant transactions. Smart contracts executed on the Lightning Network typically lead to faster and less costly transactions.

“Lightning transactions can be fractions of a penny…while a bitcoin transaction at the core protocol layer can be much more expensive than that,” explained Killeen.

Developers had already begun to build on Lightning in anticipation of the upgrade, which will allow for highly specific contracts.

“The most important thing for Taproot is…smart contracts,” said Fred Thiel, CEO of cryptocurrency mining specialist Marathon Digital Holdings. “It’s already the primary driver of innovation on the ethereum network. Smart contracts essentially give you the opportunity to really build applications and businesses on the blockchain.”

As more programmers build smart contracts on top of bitcoin’s blockchain, bitcoin could become more of a player in the world of DeFi, or decentralized finance, a term used to describe financial applications designed to cut out the middleman.

Today, ethereum dominates as the blockchain of choice for these apps, also referred to as “dApps.”

So the Taproot upgrade focuses more on identification and security, which in an era when DeFi, NFT and EFT are becoming the blockchain’s cashcow, have become subjects of concerns. But this means that the concern about bitcoin’s carbon footprint, which has soured the coin’s relationship with cheerleaders like Tesla’s CEO Elon Musk, who is promoting environmental friendly ideology through his electric vehicle company, will linger into the future.

In the last decade there has been an increase in the turn out of First Class and Second Class Upper graduates. Availability of E-book, CBT examination system and improved teaching methods are some of the contributing factors to this. Someone with a good understanding of the law of demand and supply will agree with me when I say it is about time First Class graduates start walking the streets for months before getting an offer. As such, it will do you good as a graduate if you know early enough that you need to add some skills to your degree.

The popular question these days is, “what skill set should I go after”.

A simple answer to this question can be found by asking; what skill set is of interest to employers. To get an answer to this, do a random search of jobs that are of interest to you and the advert will give you the answer to your question.

Often, job adverts comes with responsibilities and requirements. When next you come across a job advert that is related to your field, pick a pencil and tick the responsibilities and requirements that describes you. The unchecked requirements becomes your homework if that is your dream job.

Most Universities have this phrase on their certificate; “found worthy in learning and character”. My friend, please hear this from me, the things you know may get you the job, but character is what will keep you on the job, making you achieve good results with ease. Each time I hear the phrase “team player”, what comes to my mind is the word “character”. If you are a victim of bad parenting, please ensure you devote time and attention to lectures on emotional intelligence, servant leadership, etc if you want to go far in life.

One skill that has become so essential and indispensable in the industry now is communication. Effective communication is a must have skill. Talkers appears more intelligent than their peers. People often are not patient enough if you are having difficulty expressing what you know. I say to you, develop your communication skill, because each time you open your mouth to talk, you are telling the world who you are.

This my last point was reserved as the last because I don’t want you to forget it. Office place politics is a must do for you. Yes, you heard me well. It is a must. Its either you play the politics and get promoted or you stay off the politics and watch yourself rotten at your corner.

In as much as robots are not the ones making decisions about your opportunities and promotions, politics becomes an essential part of your day to day routine. You need to be on the good book of the key decision makers. You don’t want to fight those with the power to recommend you when the time comes. You need to be visible to the management. Your seniors are your seniors irrespective of their age, gender, and character.

Anyways, avoid dirty politics. Avoid been used to bring someone down – people used for such dirty job are never trusted thereafter by their users, as such, they always find a way to push them out sooner or later.

As a closing remark, job hunt and career growth is not for the faint hearted, as such I say to you, DON’T QUIT. Keep pushing hard, the door will soon open for you. When it is your turn, it is definitely your turn and no one can stop you.

WKD is a decentralized meme token created to drive growth through decentralized finance-oriented activities across the world. Being a pioneer of this mission, Wakanda Inu is a community meme project forged from the deep and warm consciousness of humanity.

The Meme coin aims to drive more charity-oriented causes in the world through its use. To do this, 4% of all its tokens will be used for charity. The community hopes that, in doing so, they will show people everywhere how everyone can achieve their dreams.

Wakanda Inu Token ($WKD) is currently listed on Roqqu.

About The Wakanda Team

Most Cryptocurrency projects have central leaders but for Wakanda Inu, there is no CEO, no CMO, and no Business Developer. Wakanda Inu is managed by a decentralised community driven by the desire to see this project succeed & every decision is determined by the community votes

Everyone works together on this project because everyone owns it. Community initiatives call for community commitment; if the project succeeds, the community will benefit. If ft fails, the community will suffer.

How Does Wakanda Coin Work

The Wakanda Inu meme token operates on Binance smartchain. It’s the first African-owned community meme token, inspired by Marvel’s blockbuster film about the African Panther.

According to Wakanda Inu’s Panthers Words in their website, 80% of the public sale goes to liquidity. Before the launch of the coin, there would be no presale of Wakanda Inu Token. The liquidity of this token is locked and their team is made up of World Class Developers 

What are the Prospects of The Wakanda Coin

According to the coin market cap. The Wakanda Inu token increased by 300% in just 24 hours. As a result, its trading volume has doubled. The meme token has seen impressive growth, breaking records set by Shiba Inu and Floki. Coins having a one-billion-dollar market cap means the price will have to rise 35 times from current prices, and the Wakanda community members are determined to achieve this goal.

How to Buy Wakanda Inu On Roqqu

Wakanda Inu was immediately launched on Roqqu as soon as it started to gain ground. We responded to our Roqquians as soon as they requested for the token.Now you can buy, sell and trade Wakanda Inu with ease.

To buy a coin on Roqqu, you would have to sign up on the platform and have an account to enable you trade on the platform. You can register on the platform and get verified by using this link here

Now that  you have an account on Roqqu, you can now buy any coin you want on Roqqu. Here is a simple way to get Wakanda Inu on Roqqu;

Wakanda Inu Video: A SIMPLE WAY TO GET Wakanda Inu ($WKD) ON ROQQU.

STEP 1:  DEPOSIT MONEY INTO YOUR ROQQU WALLET

STEP 2: SCROLL TO THE END & CLICK ON  “ADD NEW WALLET”

STEP 3: FIND WAKANDA INU COIN & TAP THE COIN  BUTTON

STEP 4: CLICK ON YOUR COIN & CLICK ON THE “BUY BUTTON”

STEP 5: INPUT THE AMOUNT OF COIN IN NAIRA, & CLICK ON PROCEED WITH PURCHASE

VOILA!   YOU NOW HAVE WAKANDA COIN IN YOUR WALLET.

CONGRATULATIONS!  Tell your friends the good news by sharing your referral link so they can join in the fun. Visit www.roqqu.com to learn more.