Back
Michael Saylor says BIP-110 lacks meaningful economic consensus despite node adoption

Michael Saylor says BIP-110 lacks meaningful economic consensus despite node adoption

He added that only 24 of 946 blocks in the current difficulty period signaled support, all from DATUM miners sharing rewards through OCEAN, underscoring his claim that backing is narrow.

BTC

Fact Check
The verified @saylor X post (id 2083544127795294231) directly confirms the mandatory-signaling portion of the claim: signaling becomes mandatory for his software at block 961,632, with 100% signaling thereafter reflecting rules rather than voluntary backing. Companion Saylor statements reported by PANews and CoinNess confirm the 2.54% support figure at block 960,561, with all signaling blocks coming from DATUM miners via OCEAN. Every specific number and attribution in the claim is corroborated across the primary X source and multiple independent aggregators. Background sources confirm block 961,632 is the technical threshold for BIP-110 non-signaling block rejection.
Summary

Michael Saylor, Executive Chairman of Strategy Inc., expanded his criticism of Bitcoin Improvement Proposal 110 by arguing that support in the current mining difficulty cycle is far too limited to show meaningful consensus. In an X post on Aug. 1, 2026, he said less than 1% of Bitcoin’s economic weight backs BIP-110 and that 16%-18% node adoption confuses software distribution with real support from economically significant users. He also said only 24 of 946 blocks generated through block 960,561 in the current difficulty adjustment period carried BIP-110 signaling, all from DATUM miners who share rewards through the OCEAN mining pool, with no signals from miners outside OCEAN. On that basis, he said the proposal could not mathematically reach a 55% voluntary support threshold in the current cycle and that the signaling does not represent broad miner consensus.

Terms & Concepts
  • BIP-110: A proposed temporary soft fork aimed at limiting non-financial data storage on Bitcoin.
  • difficulty adjustment period: A set interval of Bitcoin blocks used to recalculate mining difficulty and assess recent network conditions.
  • economic consensus: Support measured by the users and institutions that actually move value on the network, not just by node counts.