A drop in support for BIP110 update to below 1% leads to its failure on the Bitcoin network
The proposed Bitcoin improvement known as BIP110 failed to gain sufficient support from the network’s miners, as the level of endorsement did not exceed 1% of the total hashrate. In practice, this means the absence of the required consensus to activate the update.
This failure again shows that Bitcoin protocol development depends not only on the quality of theoretical proposals, but also on broad economic and technical agreement among network participants—especially miners, who play a crucial role in securing the network and implementing updates.
According to how Bitcoin works, any protocol change cannot go into effect unless it receives real backing from a large share of mining power, making it difficult to pass updates that do not receive widespread acceptance.
This event also reflects Bitcoin’s conservative nature, where stability and security are preferred over rapid change, even if the proposals carry potential technical improvements.
#BIP110FailsWithUnder1%HashrateSupport
The proposed Bitcoin improvement known as BIP110 failed to gain sufficient support from the network’s miners, as the level of endorsement did not exceed 1% of the total hashrate. In practice, this means the absence of the required consensus to activate the update.
This failure again shows that Bitcoin protocol development depends not only on the quality of theoretical proposals, but also on broad economic and technical agreement among network participants—especially miners, who play a crucial role in securing the network and implementing updates.
According to how Bitcoin works, any protocol change cannot go into effect unless it receives real backing from a large share of mining power, making it difficult to pass updates that do not receive widespread acceptance.
This event also reflects Bitcoin’s conservative nature, where stability and security are preferred over rapid change, even if the proposals carry potential technical improvements.
#BIP110FailsWithUnder1%HashrateSupport