Bitcoin Soft Fork Stalls Amid Miner Support Falters

A proposed soft fork in Bitcoin, known as BIP-110, has stalled just two blocks after activation over the weekend.

The fork aimed to limit the amount of non-payment data embedded in transactions, targeting inscriptions and Runes, which have grown in popularity for storing arbitrary data on the blockchain.

However, the attempt failed due to lack of miner support, with only 2.53% of miners backing the fork, far below the 55% activation threshold required.

The development highlights the challenges of implementing protocol changes without broad miner consensus and underscores the decentralized nature of Bitcoin governance.