Binance Square
#softfork

softfork

974 views
7 Discussing
MindOfMarket
·
--
$BTC BIP-110 FACES NEAR-ZERO MINER SUPPORT AS DEADLINE APPROACHES ⚡ Miner signaling for the BIP-110 soft fork has never exceeded 1%, with the current period sitting at 0% and no major mining pools backing it. The proposal aims to cap OP_RETURN data and ban large arbitrary data writes, sparking opposition from Michael Saylor and Adam Back, who warn it would turn a block space debate into a consensus rule change. The signaling period ends around block 959,615 in early August, with activation slated for September if broad support emerges — a scenario that looks increasingly unlikely. If the minority persists, a divergent chain becomes possible. How would you position for Bitcoin if this debate forces a split? Not financial advice. Always manage your risk. #BTC #BIP110 #Bitcoin #SoftFork #CryptoNews ⚡
$BTC BIP-110 FACES NEAR-ZERO MINER SUPPORT AS DEADLINE APPROACHES ⚡

Miner signaling for the BIP-110 soft fork has never exceeded 1%, with the current period sitting at 0% and no major mining pools backing it. The proposal aims to cap OP_RETURN data and ban large arbitrary data writes, sparking opposition from Michael Saylor and Adam Back, who warn it would turn a block space debate into a consensus rule change.

The signaling period ends around block 959,615 in early August, with activation slated for September if broad support emerges — a scenario that looks increasingly unlikely. If the minority persists, a divergent chain becomes possible. How would you position for Bitcoin if this debate forces a split?

Not financial advice. Always manage your risk.

#BTC #BIP110 #Bitcoin #SoftFork #CryptoNews

Article
What is a hard fork and a soft fork? Real examples okayYou’ve probably heard about forks in the crypto world but aren’t quite sure what they are. A fork means a split or division. In blockchain, a fork is a change in the software rules. In this article, I'll explain the two types: hard fork and soft fork with real examples. What is a soft fork? It's a smooth or backward-compatible change. The new rules are stricter than the old ones. Nodes that don't update the software can still participate in the network. Example of a soft fork. Bitcoin activated Taproot in 2021. It was a soft fork that improved privacy without splitting the network.

What is a hard fork and a soft fork? Real examples okay

You’ve probably heard about forks in the crypto world but aren’t quite sure what they are.
A fork means a split or division.
In blockchain, a fork is a change in the software rules.
In this article, I'll explain the two types: hard fork and soft fork with real examples.
What is a soft fork?
It's a smooth or backward-compatible change.
The new rules are stricter than the old ones.
Nodes that don't update the software can still participate in the network.
Example of a soft fork.
Bitcoin activated Taproot in 2021. It was a soft fork that improved privacy without splitting the network.
red envelope
¡Mis mejores deseos!
From RANDALL1762
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number