CoinDesk·5 min read·hard

Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

J
Jamie Crawley
Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins
AI Summary

A controversial proposal known as BIP-110 has entered the signaling phase on the Bitcoin network, aiming for a user-activated soft fork. The move faces significant opposition from major industry figures and lacks the required miner support, raising the possibility of a network split.

The proposal entered the signaling phase at around 19:35 UTC on Saturday, with support from miners seldom exceeding 2.5%, a long way short of the 55% mark required.

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