What Is BIP-110 and Why Is It Dividing the Bitcoin Community?
BIP-110, a proposal to restrict non-financial data on Bitcoin, has reignited governance debates within the community.
What Is BIP-110 and Why Is It Dividing the Bitcoin Community?
What Is BIP-110 and Why Is It Dividing the Bitcoin Community? https://t.co/UUFfnkKnLi
Bitcoin community divided over BIP-110 proposal ahead of activation deadline
The fork nobody is mining BIP-110 hits mandatory signaling around August 7. Miner support is zero this period and has never cleared 1% since December. Roughly 5 EH/s out of 940. No major pool. Node adoption in low single digits, nearly all Bitcoin Knots. Saylor, Adam Back and Jameson Lopp have all
not that anyone cares what i think but imo we should allow the former bip-110 camp to rejoin the bitcoin community
BIP-110 is imploding in real-time The writing is on the wall that it is going to fail miserably Even Luke’s own Ocean employees who initially supported it have begun racing for the exits and are now desperately trying to save face Nobody in the Bitcoin industry who is economically relevant wants
BIP-110 is imploding in real-time The writing is on the wall that it is going to fail miserably Even Luke’s own Ocean employees who initially supported it have begun racing for the exits and are now desperately trying to save face Nobody in the Bitcoin industry who is economically relevant wants
“For the avoidance of doubt, I support BIP-110 because it sends a message to Core Dev and others who want to modify Bitcoin.” BIP-110 MODIFIES BITCOIN. Core’s removal of policy rules is stewardship as the policy rule was being bypassed which can be detrimental (UTXO bloat; Fee estimation). Honest
The real reason Adam Back doesn’t like BIP110. 👇 He’s publicly stated numerous times their desire to put Simplicity, their smart contract protocol, on Bitcoin mainnet. He calls it "the last softfork". It would require certain parts of Taproot that BIP110 would hinder. It would prevent them from pu