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đš THE BIP-110 âTHREATâ TO BITCOIN LOOKS A LOT WEAKER THAN THE HEADLINES SUGGEST.
Michael Saylor opposing BIP-110 barely changes the actual picture.
The real issue is miner coordinationâand right now, thereâs nowhere near enough support for this to become a credible lock-in path.
As of July 29, only 10 out of 454 blocks were signaling for itâjust 2.20%.
That leaves 1,099 more blocks out of the next 1,562 needed to reach the threshold, or roughly 70.4%.
And some of the biggest mining poolsâFoundry, AntPool, and ViaBTCâshowed zero signaling.
Thereâs another important detail: under legacy Stratum V1, version bits often reflect mining-pool template policy, not necessarily the personal conviction of individual miners.
Even Predyxâs September-enforcement market was sitting at just 8.37%, which is hardly a strong signal of market confidence.
So, for $BTC, the takeaway is simple:
Near-term base-layer change risk remains low.
The noise may be loud, but the actual numbers are telling a much quieter story. đ
#Bitcoin #BTC #BIP110
#DailyOrbit
Ansvarsfriskrivning: OKX Orbit-innehÄll tillhandahÄlls endast i informationssyfte. LÀs mer
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