Blockchain Report on Nostr: Michael Saylor, founder of Strategy, has stated that BIP-110 has failed to garner ...
Michael Saylor, founder of Strategy, has stated that BIP-110 has failed to garner significant miner consensus, with its current implementation appearing more like a marketing effort than a genuine endorsement. Data from block 960,561 shows BIP-110 received only 24 signals across 946 blocks, a mere 2.54% participation rate. Notably, all these signals originated from DATUM miners sharing rewards through OCEAN, with zero external signals. Saylor pointed out that the required 55% voluntary activation threshold is mathematically unachievable in the current cycle, underscoring the lack of broad miner consensus. He further suggested that OCEAN's default activation of BIP-110 signals and the guidance to use Bitcoin Knots and DATUM for node operators and miners respectively, indicate a strategy focused on vertical integration marketing for Knots and the OCEAN/DATUM ecosystem.
#crypto #blockchain #news #BTC #Bitcoin
Published at
2026-08-01 15:03:26 UTCEvent JSON
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"content": "Michael Saylor, founder of Strategy, has stated that BIP-110 has failed to garner significant miner consensus, with its current implementation appearing more like a marketing effort than a genuine endorsement. Data from block 960,561 shows BIP-110 received only 24 signals across 946 blocks, a mere 2.54% participation rate. Notably, all these signals originated from DATUM miners sharing rewards through OCEAN, with zero external signals. Saylor pointed out that the required 55% voluntary activation threshold is mathematically unachievable in the current cycle, underscoring the lack of broad miner consensus. He further suggested that OCEAN's default activation of BIP-110 signals and the guidance to use Bitcoin Knots and DATUM for node operators and miners respectively, indicate a strategy focused on vertical integration marketing for Knots and the OCEAN/DATUM ecosystem.\n\n#crypto #blockchain #news #BTC #Bitcoin ",
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