Bitcoin BIP-110 Data Limit Proposal Approaches August Deadline With Miner Support Below 1%

According to BlockBeats, on July 12, the Bitcoin BIP-110 proposal is approaching its early August deadline, but miner support remains below 1%, indicating significant resistance. The proposal, formally known as "Temporary Data Reduction Softfork," aims to limit non-financial data on the Bitcoin blockchain, including restricting OP_RETURN data capacity and prohibiting arbitrary data writes exceeding 256 bytes.

MicroStrategy founder Michael Saylor and Blockstream co-founder Adam Back have publicly opposed BIP-110. Saylor stated the proposal "converts garbage data controversy into a consensus change," while Back argued that if supporters disagree with current rules, they can fork but "Bitcoin will not join." The proposal requires a 55% miner signal threshold, with no major mining pools currently supporting it.