Bitcoin Upgrade BIP-110 Fails to Gain Traction Amid Mining Resistance

A proposed upgrade to Bitcoin's protocol, BIP-110, has stalled due to lack of support from miners. The fork was triggered when mandatory signaling for BIP-110 began at block 961,632 on August 8, but nodes rejecting non-signaling blocks froze the chain at block 961,633.

According to reports, the previous 2,016-block period saw only 51 blocks signal support for BIP-110, which is far below the proposal's 55% threshold. This has raised concerns that the upgrade may not be viable, with some arguing that it could threaten Bitcoin's neutral rules and consensus structure.

Mining difficulty adjustment also played a role in the stall, as the BIP-110 chain must mine the entire current 2,016-block adjustment period to receive a difficulty adjustment. With only 51 blocks signaling support, this requirement is unlikely to be met.