$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 ⚡