BIP-110 flops harder than a satoshi-sized soft fork: only 10 out of 2,016 blocks said yes 🪨

A Bitcoin soft fork proposal aimed at curbing network spam collapsed at the miner-signaling stage on July 4, drawing just 10 of the 2,016 required blocks — less than 1% of Bitcoin's hashrate. Activation thresholds for the miner-activated soft fork (MASF) demand 55% support within a 2,016-block window, leaving the controversial BIP-110 well short of adoption. A separate user-activated soft fork (UASF) window remains open in August.

The proposal, introduced by pseudonymous developer Dathon Ohm, sought to restrict non-financial data on Bitcoin transactions, effectively blocking Ordinals and Runes that embed images, videos, or large text. Backers including Bitcoin protocol developer Luke Davis Jr argued the change would protect low-cost peer-to-peer transfers from fee inflation caused by memecoins and inscriptions.

Critics pushed back sharply on the scope of the plan. BitMEX Research warned the fork could break wallets and freeze more than 1.7 million BTC in transfers, a step the firm said would be unprecedented for Bitcoin. Blockstream CEO Adam Back rejected the premise outright, writing that "Bitcoin can not be censored, just like the internet. Same logic for Bitcoin: it's also similarly hard to censor. Why do you think anyone cares about your pro-censorship views?"

David Bailey, founder of the Bitcoin Conference and treasury firm Nakamoto, framed the result as a win for the network, calling it "incredibly bullish for Bitcoin that the hostile takeover attempt known as BIP-110 failed. This attack was a multi-year campaign of information warfare led by Bitcoin's most eccentric developer." With miner signaling effectively dead, attention now shifts to whether UASF participants will pick up the proposal in August.