#BIP110SoftForkAttemptBegins
I was watching BIP-110 because the numbers looked interesting, but the result came much faster than I expected.
The mandatory signaling started at block 961,632 on August 7, with only 2.53% miner support, far below the 55% threshold needed for activation.
BIP-110 nodes rejected blocks that didn’t signal for the proposal, creating a minority chain. But that chain managed to mine only 2 blocks before effectively stalling, while the main Bitcoin chain kept moving.
What stands out to me isn’t just that BIP-110 failed. It shows how difficult it is to change Bitcoin’s consensus rules without broad agreement from the miners actually securing the network.
#SKHynixToDiscloseShareholderReturnInQ3 #SaylorHintsStrategyBitcoinBuy $BTC
I was watching BIP-110 because the numbers looked interesting, but the result came much faster than I expected.
The mandatory signaling started at block 961,632 on August 7, with only 2.53% miner support, far below the 55% threshold needed for activation.
BIP-110 nodes rejected blocks that didn’t signal for the proposal, creating a minority chain. But that chain managed to mine only 2 blocks before effectively stalling, while the main Bitcoin chain kept moving.
What stands out to me isn’t just that BIP-110 failed. It shows how difficult it is to change Bitcoin’s consensus rules without broad agreement from the miners actually securing the network.
#SKHynixToDiscloseShareholderReturnInQ3 #SaylorHintsStrategyBitcoinBuy $BTC