Michael Saylor stated that Bitcoin Improvement Proposal BIP-110 is unlikely to reach the 55% voluntary threshold due to insufficient signaling support (only 2.70%). Unless major miners change their stance, Bitcoin will continue to operate normally, while BIP-110 will stagnate or become irrelevant, and its supporters should give up.
Michael Saylor posted on X, stating that at block height 961,022, BIP-110 had only 38 signaling supports (2.70%), far below its voluntary threshold of 55%, making its passage impossible. He further stated that by block height 961,632, BIP-110 nodes would reject non-signaling blocks. Saylor believes that unless major miners reverse their stance, the Bitcoin network will continue to operate normally, while BIP-110 will stagnate or eventually become irrelevant, and its supporters should abandon the proposal.
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Source:X@saylor · Source Link
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