Bitcoin Miners Overwhelmingly Reject Proposed Fork

A recent Bitcoin fork attempt has failed to gain traction after approximately 99.85% of miners rejected it.

The BIP-110 fork was met with criticism from prominent figures such as Michael Saylor and Dan Held, who argued that the fork wasted developer resources and lacked community support.

Saylor and Held emphasized that Bitcoin's decentralized governance prevents unauthorized forks from succeeding, highlighting the importance of broad network agreement in reaching consensus.