Bitcoin’s BIP-110 proposal is approaching its early-August deadline with miner backing still below 1%, and current-period support standing at zero. No major mining pool has signaled support so far. The proposal, formally described as a temporary soft fork to reduce data usage, would limit OP_RETURN data capacity within a year, block most arbitrary data writes above 256 bytes, and restrict some script formats mainly used for data storage.
Data cited in the update shows BIP-110 uses a user-activated soft fork model with a 55% miner signaling threshold. The share of nodes running BIP-110 software remains in the single digits, with most of that support coming from Bitcoin Knots users. The current signaling period is set to end near block height 959,615, with a voluntary lock-in window expected in early August and activation planned around September.
Public opposition has also emerged from Strategy founder Michael Saylor and Blockstream co-founder Adam Back. If the proposal still lacks broad support by then, a minority chain split could emerge among the nodes choosing to enforce it.
Bitcoin’s BIP-110 proposal is nearing its early-August deadline, but miner support remains below 1%, with the current signaling period at zero and no major mining pools backing it.
BIP-110, described in the update as a “temporary soft fork to reduce data,” would limit OP_RETURN data capacity within a year, prohibit most arbitrary data writes larger than 256 bytes, and restrict some script formats mainly used for data storage.
Status of the proposal
According to the data cited, BIP-110 uses a user-activated soft fork mechanism and sets a 55% miner signaling threshold. The share of nodes running BIP-110 software is still in the single digits, with most of those nodes coming from Bitcoin Knots users.
The current signaling period is due to end near block height 959,615. The proposal is expected to enter a voluntary lock-in period in early August and is planned to activate around September.
Public opposition
Strategy founder Michael Saylor and Blockstream co-founder Adam Back have both publicly opposed BIP-110.
If the proposal still fails to gain broad support by then, it could lead to a minority split chain among participating nodes.
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