News
Public · Published
Bitcoin's BIP-110 fork is back, but its backers want to replace the miners and change PoW
Bitcoin's BIP-110 soft‑fork attempt produced only two blocks before stalling at height 961,633 because it did not receive the required 55% miner signaling, leaving the proposal on a minority chain with no further progress.
Published:
Updated:
What happened
Bitcoin’s BIP-110 soft‑fork attempt produced only two blocks before stalling at height 961,633 because it did not receive the required 55% miner signaling, leaving the proposal on a minority chain with no further progress.
Confirmed
Global impact / market context
The failure shows how miners control Bitcoin’s rule changes; without their support, even well‑intended proposals cannot be activated, limiting the network’s ability to restrict arbitrary data and affecting future governance attempts.
Analyst inference
Bitcoin’s history of hard and soft forks demonstrates that consensus upgrades are rare and costly, and the BIP‑110 outcome reinforces the broader trend that any change must align with miner interests to succeed.
Analyst inference
What to watch
- Whether any miner groups will resume signaling for BIP‑110 or a revised version, which could revive the fork and alter Bitcoin’s data policies. Analyst inference
- Emergence of alternative proposals aimed at limiting arbitrary data that might gain broader miner backing, influencing future network upgrades. Analyst inference
- Market reaction to the stalled fork, including any shifts in Bitcoin’s price volatility or investor sentiment toward governance stability. Analyst inference
Affected assets
- BTC — Bitcoin