Bitcoin's contested BIP-110 soft fork has moved into a mandatory signaling phase. The signal window opened at block height 961,632 at around 03:35 Beijing time on Sunday (19:35 UTC), according to CoinDesk. The proposal is meant to temporarily prevent non-financial data from being written to the Bitcoin blockchain. However, backing from miners is weak: the share of supporting miners is far below the 55% threshold the plan requires for activation. Market observers are closely watching whether the fork chain can attract more nodes and gain influence, or whether it will lose relevance for lack of hash power and ecosystem support. Several heavyweights in the industry have come out against the plan, including Strategy chairman Michael Saylor and Blockstream CEO Adam Back. They worry BIP-110 could break Bitcoin's existing consensus and create an unnecessary split. The signaling period is set to last until block height 965,664, roughly four weeks, before the community has to decide whether to activate the fork.
Bitcoin's contested BIP-110 soft fork has now entered its mandatory signaling phase. According to CoinDesk, the signal window opened at block height 961,632 at around 03:35 Beijing time on Sunday (19:35 UTC). The proposal is designed to temporarily stop non-financial data from being written to the Bitcoin blockchain.
Miner support well below activation threshold
Right now, support from miners is very thin. The share of miners backing the proposal is far below the 55% threshold required for activation. The market is watching two possible outcomes for the fork chain. If more nodes join, it could gain enough influence to force miners to compromise. If it fails to attract hash power and ecosystem support, the chain may gradually lose momentum and fade.
Industry figures push back
Several prominent Bitcoin industry figures have publicly opposed the plan, including Strategy chairman Michael Saylor and Blockstream CEO Adam Back. They argue that BIP-110 could erode consensus on the Bitcoin network and bring unnecessary division.
Signaling period runs for about four weeks
The BIP-110 signaling period will run until block height 965,664, which is expected to take about four more weeks. At the end of that window, the community will face the key decision of whether to activate the proposal.
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