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Crypto

Bitcoin Miners Reject BIP-110 Fork Proposal

Guavy AI Editorial Team
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BTC
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A Bitcoin fork proposal called BIP-110 failed to gain traction after about 99.85% of miners rejected it, highlighting the strong decentralized consensus within the network.

This episode demonstrates that broad network agreement is what drives consensus in Bitcoin, not just code changes or developer proposals.

Michael Saylor and Dan Held criticized BIP-110 for wasting resources and lacking community support, emphasizing that Bitcoin's governance structure prevents unauthorized forks from succeeding.

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