BIP-110 Pushes Bitcoin Toward August Fork Deadline With Only 5 EH/s Signaling
A Bitcoin Improvement Proposal (BIP-110) pushing to ban Ordinals-style data inscriptions at the consensus level is barreling toward an activation window in early August, with less than 1% of mining hashrate behind it, raising legitimate concerns about a persistent chain split. BIP-110, authored by Dathon Ohm and formally titled the Reduced Data Temporary Soft fork, proposes a one-year consensus-level restriction on arbitrary data embedding in bitcoin transactions. The rules would target the most common methods used for Ordinals inscriptions, large OP_RETURN payloads, BRC-20 tokens, and certain Taproot constructions repurposed for data storage.