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Bitcoin's BIP-110 fork to limit non-financial data nears deadline with near-zero miner support.

Market News
12 Jul 2026
Coindesk
View Source
Bearish
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The BIP-110 proposal aims to temporarily restrict non-financial data on the Bitcoin blockchain to refocus it on payments. Despite significant debate, miner support remains below 1%, with major figures like Michael Saylor and Adam Back opposing it. The proposal would limit data sizes and types for one year but risks censoring valid transactions. With minimal adoption among miners and nodes, BIP-110 is unlikely to become a network-wide change and may only create a small minority chain after its early August deadline.

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