S&P 5007,675.92▼0.4% Nasdaq26,749.30▼0.7% Dow51,245.74▼0.5% Russell 2K2,826.40▼0.4% 10-Yr5.12%+1bp VIX15.69+0.51 WTI$95.27▲3.4% Gold$4,292.50▼0.6% EUR/USD1.138▼0.6% BTC$84,310▼0.1% Nikkei65,514▲0.8%
At close · Thu, Sep 24, 2026
Daily Market Updates.

Crypto

Home›Crypto›Market Structure›Critics say BIP-110 softfork plan will fail to change…

Critics say BIP-110 softfork plan will fail to change Bitcoin rules

Bitcoin Magazine says miner signaling for BIP-110 is below 1% and the proposal requires much broader miner support during a mandatory signaling period.

Bitcoin Magazine argues that BIP-110, a proposed “Reduced Data Temporary Softfork,” is built on a misunderstanding of what a Bitcoin node does and what it is used for. The publication says the proposal would attempt a consensus change that limits the types and amounts of arbitrary data that can be added to consensus-valid transactions by restricting parts of Bitcoin scripting capabilities.

The article says BIP-110 is led by a pseudonymous developer known as Dathon Ohm and has support from the Knots community, an alternative Bitcoin implementation led by Luke Dashjr and other supporters. It also notes that BIP-110 is headed toward a mandatory signaling period in the coming weeks, which could lead to a fork affecting Bitcoin Core consensus rules.

Bitcoin Magazine reports that, as of the time of writing, miner signaling for BIP-110 stands at less than 1%. It adds that while many senior Bitcoin developers are opposed or indifferent, proponents believe running full nodes that signal for the change would be enough to alter consensus, a view the article disputes.

The piece also frames the debate as part of a broader protest by Knots community members against a series of development decisions by Bitcoin Core, and says the issue has become a continuing topic of discussion online. The author concludes that, because of the misconceptions involved, BIP-110 will fail.

Latest closeBitcoin $84,310.25 ▼0.1%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.