Bitcoins controversial BIP-110 proposal has entered its mandatory signaling period after the network reached block 961,632, setting the stage for a potential dispute between miners and node operators over how non-financial data should be handled on the blockchain. The BIP-110 signaling phase began at approximately 19:35 UTC on Saturday. Early miner support has remained extremely limited, rarely climbing above 2.5%. That is far below the 55% threshold required under the proposals signaling mechanism. BIP-110 aims to temporarily restrict certain forms of non-financial data embedded in Bitcoin… Read more
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