#bip110softforkattemptbegins
🍿 BITCOIN JUST "WON" — BUT THE LOSING SIDE ISN'T LEAVING.
Miner support was 2.5%. The breakaway chain mined 2 blocks, then went silent. Mainnet pulled 26 blocks ahead. Clean ending, right?
Not quite — you've only read half the story.
📖 Before BIP-110 collapsed, dev Chris Guida quietly rebased old 2017 code by Luke Dashjr onto Bitcoin Knots — a plan B in case miners refused to signal.
They refused. Plan B is now on the table.
📊 Numbers:
Miner support: locked at 2.53–2.56% (40/1,561 blocks) Threshold needed: 55% — mathematically unreachable this period Minority chain: 2 blocks, then fell 26 behind Proposed PoW hard fork date: Sept 1, 2026 New PoW code: already rebased, ready to deploy
🌀 Twist: This isn't about Ordinals/Runes anymore. BIP-110's author, Dathon Ohm, said the community is planning to let current miners "exit" — and in his words, "we will hire new miners." Translation: if you can't convince them, replace them.
A PoW change isn't a soft fork — it splits Bitcoin into two incompatible chains and could strand billions in ASIC hardware.
🧠 Square Insight: BIP-110 lost round one, but it was never the endgame. It was a stress test for how far miners would bend. Answer: barely. Now the fallback isn't persuasion — it's removal.
The question isn't "will BIP-110 activate" anymore.
It's: if a small group is willing to rewrite the mining algorithm to push out miners who disagree — where's the line between protecting decentralization and seizing the network? 👀
$BTC #Bitcoin #BTC #SquareInsight
🍿 BITCOIN JUST "WON" — BUT THE LOSING SIDE ISN'T LEAVING.
Miner support was 2.5%. The breakaway chain mined 2 blocks, then went silent. Mainnet pulled 26 blocks ahead. Clean ending, right?
Not quite — you've only read half the story.
📖 Before BIP-110 collapsed, dev Chris Guida quietly rebased old 2017 code by Luke Dashjr onto Bitcoin Knots — a plan B in case miners refused to signal.
They refused. Plan B is now on the table.
📊 Numbers:
Miner support: locked at 2.53–2.56% (40/1,561 blocks) Threshold needed: 55% — mathematically unreachable this period Minority chain: 2 blocks, then fell 26 behind Proposed PoW hard fork date: Sept 1, 2026 New PoW code: already rebased, ready to deploy
🌀 Twist: This isn't about Ordinals/Runes anymore. BIP-110's author, Dathon Ohm, said the community is planning to let current miners "exit" — and in his words, "we will hire new miners." Translation: if you can't convince them, replace them.
A PoW change isn't a soft fork — it splits Bitcoin into two incompatible chains and could strand billions in ASIC hardware.
🧠 Square Insight: BIP-110 lost round one, but it was never the endgame. It was a stress test for how far miners would bend. Answer: barely. Now the fallback isn't persuasion — it's removal.
The question isn't "will BIP-110 activate" anymore.
It's: if a small group is willing to rewrite the mining algorithm to push out miners who disagree — where's the line between protecting decentralization and seizing the network? 👀
$BTC #Bitcoin #BTC #SquareInsight