BIP-110, a Bitcoin soft fork, is moving toward activation, with mandatory signaling starting around August 9 at block 961,632. Lock-in is expected in late August at block 963,648, followed by activation of new transaction rules in early September at block 965,664. The proposal sets a 55% signaling threshold and enforces restrictions over 52,416 blocks, about one year, targeting large data pushes, oversized output scripts, undefined witness versions, and Taproot annex. UTXOs created before activation are exempt, and standard monetary uses stay compatible. Most businesses, including those using bitcoin as a store of value or relying on third-party payment providers, do not need to act. Full-node operators can choose whether to run BIP-110 nodes. The key risk is a chain split: miners should pick the likely winning branch or pause, while exchanges and custodians should raise confirmation requirements, monitor both chains, and delay final settlement to prevent double spending and false confirmations. If no split occurs, no special operations are required.
BIP-110, the Bitcoin soft fork proposal, is entering its decisive activation phase, according to Bitcoin Magazine. The upgrade begins mandatory signaling around August 9 at block height 961,632. Lock-in is expected at block 963,648 in late August, and the new transaction rules activate at block 965,664 in early September.
The proposal uses a 55% signaling threshold. Once active, the restrictions will be enforced for 52,416 blocks, roughly one year. The rules target large data pushes, oversized output scripts, undefined witness versions, Taproot annex, and similar transaction features. UTXOs created before activation are exempt. Standard monetary uses remain compatible.
For most companies, no action is required. Businesses holding bitcoin as a store of value, or relying on third-party payment processors, are largely unaffected. Firms running their own full nodes can decide independently whether to switch to a BIP-110 node.
The central risk is a chain split. If a split happens, miners should back the branch expected to win, or pause and wait. Exchanges and custodians should raise confirmation requirements, monitor both chains, and delay final settlement to guard against double-spend and false confirmation risks. If no split occurs, no special measures are needed.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.