đ Bitcoin Reaches Block 961,632 â BIP-110 Signaling Is Now Underway! đš
Bitcoin has entered the signaling period for BIP-110, a proposed soft fork focused on limiting certain types of non-financial data being stored on-chain.
đ Hereâs what stands out
đč Very Low Miner Support: Current signaling is below 2.5%, far from the 55% threshold needed for activation.
đč Growing Debate: Industry figures such as Michael Saylor and Adam Back have voiced opposition, highlighting concerns around Bitcoinâs stability and network consensus.
âł Signaling Window: The process is expected to continue until around block 965,664, giving miners roughly four weeks to signal their position.
The big question is whether BIP-110 gains enough support to move forwardâor fades away due to limited consensus.
What impact do you think this could have on $BTC and the wider crypto market? đ
#BIP110SoftForkAttemptBegins
Bitcoin has entered the signaling period for BIP-110, a proposed soft fork focused on limiting certain types of non-financial data being stored on-chain.
đ Hereâs what stands out
đč Very Low Miner Support: Current signaling is below 2.5%, far from the 55% threshold needed for activation.
đč Growing Debate: Industry figures such as Michael Saylor and Adam Back have voiced opposition, highlighting concerns around Bitcoinâs stability and network consensus.
âł Signaling Window: The process is expected to continue until around block 965,664, giving miners roughly four weeks to signal their position.
The big question is whether BIP-110 gains enough support to move forwardâor fades away due to limited consensus.
What impact do you think this could have on $BTC and the wider crypto market? đ
#BIP110SoftForkAttemptBegins
