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Bitcoin enters BIP-110 signaling window after reaching block 961,632

Miner support for BIP-110 has stayed below 2.5%, far short of the 55% threshold, as the signaling period runs until block 965,664.

Reported · Written up by our desk · Market Structure

Bitcoin has reached block 961,632, triggering the mandatory signaling period for BIP-110, a controversial proposal aimed at temporarily limiting non-financial data embedded in the network, according to CoinDesk. BIP-110 moved into its signaling phase at around 19:35 UTC on Saturday. The proposal requires miners to signal support, but miner backing has reportedly seldom exceeded 2.5%, well below the 55% mark needed. Supporters are framing BIP-110 as a user-activated soft fork, meaning the rule change would depend on node operators updating their software. Under that approach, users would reject blocks from miners that do not signal support for BIP-110, potentially forcing miners to comply or cutting them off. CoinDesk notes the immediate effect could be a split where two competing Bitcoin networks coexist, with a main chain backed by most hash power and a minority chain enforced by BIP-110 signaling nodes. The signaling window is set to last until Bitcoin reaches block 965,664, expected in about four weeks.

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