for independent work. This helps keep the bitcoin network out of the control of any one company or developer group. There are developer organizations, like the nonprofit Brink and the research institute Chaincode Labs. As became evident in the Taproot upgrade we’ll explore shortly, these organizations can only influence public opinion about Bitcoin Improvement Proposals, called BIPs.
Taproot’s predecessor, SegWit, inspired a contentious debate about whether a soft fork was the best approach. This debate resulted in an entirely new cryptocurrency called Bitcoin Cash which was created with a hard fork. In contrast, Taproot received widespread support from developers, miners and users. There were concerns about whether bitcoin miners would agree that the update was advantageous.
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