bip110

Bitcoin developer Luke Dashjr, who backed the failed Bitcoin Improvement Proposal (BIP)-110, has been removed from his position as an editor of such proposals...

A controversial proposal — supported by the Knots community — aimed at clearing up spam on the Bitcoin network, attempted to fork on Saturday. It failed spectacularly, picking up only a fraction of the mining power of the main Bitcoin network.

Will BIP110 fail, activate, or split Bitcoin? A look at the three most likely outcomes.

The proposal to temporarily restrict arbitrary data in Bitcoin transactions lacks economic nodes, protocol developers, and hashrate. History from the 2017 UASF shows nodes succeed only with broad investor and developer weight behind them.