Michael Saylor says BIP-110 falls short of 55% signaling threshold
The proposal had 38 signals, or 2.70%, at block height 961,022, and Saylor said Bitcoin should continue operating normally unless major miners change course.
BTC
Fact Check
Every specific detail in the claim is confirmed by Saylor's primary X post (@saylor/status/2084653839555219533), verified directly via X full-archive search: 38 signals equal to 2.70% at block height 961,022, the 55% voluntary threshold, and Saylor's statement that Bitcoin continues normally unless major miners reverse. Bitcoin.com News and PANews independently corroborate these figures. The primary source and independent corroboration align precisely.
Summary
BIP-110 failed to gather enough backing to meet its voluntary 55% signaling threshold, according to a post by Michael Saylor on X. He said the proposal had 38 signals, equal to 2.70%, at block height 961,022, making the threshold unreachable. Saylor added that at block height 961,632, BIP-110 nodes would reject blocks that do not signal support. He said Bitcoin would continue to function normally unless major miners reverse their position, while BIP-110 would likely stall or split off into irrelevance. Saylor concluded that supporters of the proposal should stop pushing it.
Terms & Concepts
- BIP-110: A Bitcoin Improvement Proposal under discussion.
- signaling threshold: Required share of support signals for activation.
- miners: Network participants that produce Bitcoin blocks.