David Bailey said BIP-110 failed after gaining less than 1% hashrate support.
According to NS3.AI, Bailey said the outcome strengthened Bitcoin’s network consensus and demonstrated resilience in its governance process.
Bailey did not provide additional details on the proposal or the voting process beyond the reported level of hashrate support.
David Bailey Says BIP-110 Failed After Receiving Less Than 1% Hashrate Support
2026-07-04 15:37:41
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