Bitcoin’s BIP-110 fork is back, but its backers want to replace the miners and change PoW

Bitcoin’s BIP-110 push failed to gain meaningful mining support over the weekend, leaving the proposal stranded on a minority chain that produced only two blocks before stalling at height 961,633. The soft fork was designed to temporarily restrict several forms of arbitrary data on Bitcoin and required 55% miner signaling during its deployment window. Instead, signaling peaked at only a few percentage points before m…