Bitcoin News
By Steven Anderson
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Why Miner Signaling Actually Matters Here. Bitcoin doesn't change easily. That's kind of the point.
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What BIP-110 Would Actually Change. Strip away the jargon and BIP-110 is about one thing: how much data fits in a transaction.
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Foundry USA wants its miners on board. The major U.S.-based mining pool has reached out directly to its customers, asking them to signal support for BIP-110, a Bitcoin…
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It's a pretty significant ask. Foundry USA is one of the largest mining pools operating today, and when a pool that size starts coordinating miner signaling around a specific…
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Not everyone's on board. The proposal has sparked real debate across the crypto community, and that's not surprising — changes to Bitcoin's transaction protocol touch a lot of…
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Bitcoin doesn't change easily. That's kind of the point. Any significant protocol update needs broad consensus, and miner signaling is one of the clearest ways the network gauges…
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Foundry USA clearly understands the math. By reaching out to its client base and asking for coordinated signaling, the pool is trying to build momentum early.
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So Foundry USA's move is partly technical advocacy and partly political organizing. The pool wants to shape the outcome, and contacting clients directly is the most direct lever…
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Strip away the jargon and BIP-110 is about one thing: how much data fits in a transaction. Right now, Bitcoin transactions can carry a certain amount of non-payment data —…
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See also: Bitcoin ETF Inflows Support Price Gains and Institutional Positioning
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But it's not that simple. Critics of data-limiting proposals often argue that restricting what can live inside a transaction cuts off use cases that matter — things built on top…
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No official comment has come from any major industry player beyond Foundry USA's outreach to its own clients. No final decision date has been set.
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The proposal's fate is basically contingent on what miners do next. If Foundry USA's clients signal support in meaningful numbers, that creates pressure on other pools to take a…
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It's worth noting that miner consensus alone doesn't guarantee implementation — Bitcoin's development process involves multiple stakeholder groups, and developers and node…
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Read also: Bitcoin Japan Buys $4 Million in Bitcoin Amid Market Dip
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