Bitcoin BIP-110 enters signaling phase as minority chain splits from mainnet
Bitcoin has entered a critical phase for the BIP-110 proposal, known as the Reduced Data Temporary Softfork. The proposal aims to restrict non-financial data—such as Ordinals and BRC-20 tokens—to curb blockchain
Entities: Adam Back · Antoine Poinsot · Antpool · BIP-110 · BIP-110 · Bitcoin · Bitcoin · Bitcoin Core · Dathon Ohm · Luke Dashjr · Michael Saylor · OCEAN
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 7 SOURCES] BIP-110 requires a 55% miner signaling threshold for early activation. (BIP-110 proposal)
- [● 5 SOURCES] BIP-110 aims to restrict non-financial data such as Ordinals and BRC-20 tokens for approximately one year. (BIP-110 proposal)
- [● 3 SOURCES] A minority Bitcoin chain emerged after nodes running BIP-110 rejected block 961,632. (News report)
- [● 2 SOURCES] The BIP-110 minority chain fell behind the main Bitcoin chain by 26 blocks shortly after the split. (News report)
- [● 5 SOURCES] Michael Saylor publicly opposed BIP-110, arguing that the protocol should remain neutral. (Michael Saylor)
- [○ 1 SOURCE] Bitcoin's difficulty adjusted to 127.48 trillion at block 961,632 during the chain split. (News report)
- [● 8 SOURCES] Miner signaling for BIP-110 was approximately 2.53% to 2.62% in the period preceding block 961,632. (BIP-110 monitor)
- [● 4 SOURCES] Blockstream CEO Adam Back criticized BIP-110, stating it lacks technical and ecosystem consensus. (Adam Back)