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Bitcoin Data War: Foundry USA Calls Miners to Vote on Controversial BIP-110

July 22, 202607:29 AM
Bitcoin Data War: Foundry USA Calls Miners to Vote on Controversial BIP-110

Foundry USA, the world's largest mining pool by hashrate, has officially engaged its mining customers in a decisive vote regarding the BIP-110 proposal. This high-stakes debate centers on a soft fork designed to shrink the amount of data allowed within Bitcoin transactions, marking a pivotal moment for network governance.

The proposal specifically targets the rise of non-monetary transactions, such as Ordinals, which have significantly increased data footprints on the blockchain. With the voting window set to close at Bitcoin block 961,632 in early August, the outcome will likely dictate the future constraints of Bitcoin's data storage and transaction capacity.

Foundry USA has asked its mining customers to signal their support for BIP-110, an actively debated proposal seeking to shrink the amount of data that can be stored in a Bitcoin transaction. As the world’s largest mining pool by hashrate, Foundry's stance could set a massive precedent for the industry.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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