BIP-110 has attracted only a sliver of miner support, yet its user-activated design means the proposal continues toward its activation date and (most likely) beyond.

  • Public miner support signalling for BIP-110 remains far below the level most observers associate with a successful Bitcoin upgrade ahead of the likely activation point on Aug. 9.
  • Supporters say that misses the point: BIP-110 is a user-activated soft fork, not a miner vote.
  • The episode reveals that Bitcoin’s governance is ultimately driven by economic coordination, not outright consensus.

BIP-110 is a movement by the plebs, for the plebs, standing up and arming themselves with software to tell these institutions in one resounding, unified voice: BITCOIN IS MONEY, OUR NODES BELONG TO US, AND WE WILL NEVER GIVE UP.

BIP-110 is designed to temporarily tighten Bitcoin’s consensus rules to make inscription techniques used by Ordinals and Runes impractical. Its supports argue that use of the network for non-financial data consume block spacer, make it more expensive to run and undermine Bitcoin’s purpose of digital money.

Critics have pointed to the lack of miner support as evidence that the proposal is effectively dead. Its supporters reject that premise.

BIP-110’s proponents argue that miners do not govern Bitcoin - they merely produce the blocks. Nodes decide whether those blocks comply with rules. User-activates soft forks (UASFs) are designed around that principle, allowing node operators to begin enforcing new rules from a predetermined block height regardless of miner support.

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The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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