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.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Cardano (ADA) Investment Analysis: In-depth Look at Risks and Rewards
-
2
Current Status of Bitcoin Trading Platforms in Mainland China: Policy Interpretation and Risk Warning
-
3
Chilean Fixed Income Investors Flock to Inflation-Linked Notes as Nine-Month Iran War Pushes Oil to April Highs, Stoking Inflation Expectations
-
4
How Bitcoin Enters DeFi: Wrapped, Layer 2, and Native Protocol Paths
-
5
SOMM Token: Analysis of Sommelier Protocol's Value, Mechanisms, and Market Performance
-
6
The Origin of USTC and the Development History of the Terra Ecosystem
-
7
What is YCC/Yuan Chain Coin? Issue Price, Total Supply, and Investment Risk Warning
-
8
On-chain data shows Ethereum whales are actively buying, with one anonymous whale spending $62.97 million to acquire 27,553 ETH within 5 hours.
-
9
EQ9 Token: Project Positioning, Technical Status, and Market Activity Analysis
-
10
Dogecoin vs. Ethereum: A Comparative Analysis of Positioning, Technology, and Ecosystem Differences
Markets Today
Recommended Reading








