Michael Saylor: BIP-110 Unable to Achieve 55% Activation Threshold in Current Bitcoin Mining Difficulty Epoch

BlockBeats News, August 1st, Strategy founder Michael Saylor stated in a post that during the current Bitcoin difficulty adjustment period (946 blocks have been mined as of block 960,561), only 24 blocks have set the flag for BIP-110 in the version field of the block header. All signaling miners come from DATUM miners sharing rewards through OCEAN. Signals outside of OCEAN are 0. The 55% voluntary threshold for this period is mathematically unattainable. This is not miner consensus.

OCEAN has set the BIP-110 signal of its existing endpoints as the default. The BIP-110 guide directs node operators to use Bitcoin Knots and miners to use DATUM. Regardless of intent, BIP-110 has effectively become a vertical integration marketing campaign between Knots and OCEAN/DATUM.

Prior to block 961,632, BIP-110 was voluntary. From block 961,632 to 963,647, their software will reject all blocks that have not signaled. Any "100% signal" shown during this window is merely the result of rules enforcement, not voluntary miner support or Bitcoin consensus.