BIP-110 Enters Mandatory-Signaling Phase with Meager Miner Support
Bitcoin Improvement Proposal 110 (BIP-110) has entered its mandatory-signaling phase, testing whether supporters can advance a contentious consensus change without broad miner backing. The proposal, which seeks temporary limits on Bitcoin data, requires a 55% threshold for early activation but currently only has around 2.53% of miners signaling support.
Nodes enforcing BIP-110 began rejecting blocks that did not set version bit 4 at block 961,632, while ordinary nodes continued accepting both signaling and non-signaling blocks. A minority BIP-110 branch emerged, but quickly fell behind the dominant chain due to low miner participation.
The proposal's critics argue that it could divide Bitcoin and cause nodes to reject transactions permitted under the network's existing rules. Supporters claim that the restrictions would discourage inscriptions and other non-monetary data that increase storage and bandwidth costs for node operators.