BIP-110 Soft Fork Stalls After Securing Just 2.5% Support

The BIP-110 soft fork, which aimed to remove non-financial transactions such as Ordinals from Bitcoin, has ended in failure after securing only 2.5% support. The proposal split into a minority chain that mined just two blocks over eight hours before stalling, unable to sustain mining without a viable block reward.

Opponents of BIP-110 had argued it threatened Bitcoin's neutral consensus rules. Strategy executive chairman Michael Saylor said the proposal's objectives were sound but warned that its approach risked compromising Bitcoin's credibility. Blockstream CEO Adam Back cautioned that the consensus-level change could render certain unspent transaction outputs unspendable. Bitcoin Core developer Murch subsequently moved to remove BIP-110 backer Luke Dashjr from his position as BIP Editor.

Meanwhile, the Senate vote on the CLARITY Act, originally expected before the August recess, has been postponed to September 15. Senate Majority Leader John Thune told Cointelegraph that Democratic senators insisted on delaying the vote, though sponsors of the bill including Senator Cynthia Lummis had worked to advance it. Crypto lobbyists now have until mid-September to secure the 60 votes required, negotiating on ethics rules, stablecoin yield protections, and developer safeguards in the BRCA. The timing has raised questions about whether the vote will represent a genuine effort to pass legislation or simply put senators on record ahead of midterm elections.