Michael Saylor says BIP-110 lacks miner consensus

Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Summary 28 signaling blocks appeared among 1,108, leaving BIP-110 at 2.53% support as of Aug. 2. Saylor said all 24 initial signals came from DATUM miners sharing rewards through OCEAN’s system. Mandatory signaling starts at block 961,632, when enforcing nodes reject every non-signaling block as invalid. Strategy’s official website identifies Saylor as the company’s executive chairman. At block 960,561, Saylor counted 24 signaling blocks among 946, equal to 2.54%. He said every signal came from miners using DATUM while sharing rewards through OCEAN, with none identified outside that system. By 11:13 UTC on Aug. 2, the public BIP-110 monitor had advanced to block 960,723 and counted 28 signals among 1,108 blocks, or 2.53%. Only 908 blocks remained. At block 960,561, BIP-110 has 24 signals in 946 blocks (2.54%). Every signal came from a DATUM miner sharing rewards through OCEAN. Signals outside OCEAN: 0. The 55% voluntary threshold is now mathematicall...