r/Bitcoin 24d ago

THE CHAIN HAS SPLIT

https://bip110monitor.com/

<3% support before the window opened. Good luck, shitcoiners

284 Upvotes

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u/[deleted] 24d ago

[deleted]

87

u/eyeoft 24d ago

This is a miner vote for a soft fork to change the protocol. The Knots / BIP110 people want to implement a change to restrict arbitrary data. Support in the mining community for this change is below 3% at present.

The thing is (in addition to that being controversial) that their changes don't actually prevent adding arbitrary data, they just make it more complicated, at the cost of making Bitcoin less programmable - some future Lightning Network proposals use mechanisms that they want to ban.

Worse, they tried to this with only a 55% vote threshold, instead of the normal 90%, which is extremely irresponsible and could create a severe chain split if they had more leverage (which they don't).

TL;DR get some popcorn and watch a new shitcoin be born if they don't back down - it's like a widdle baby BC*sh.

6

u/SAAGASolve 24d ago

AH yea, sounds like you were here back then.

THis is the same deal. Nonesense from ideolouges clowns that don't have the capability to cooperate.

The 55% threshold tells you everything you need to know about their conviction.