Foundry USA Pool is polling its personal mining purchasers on how the pool ought to sign for BIP-110.
The ballot is just not a network-wide Bitcoin vote, and BIP-110 is just not adopted, locked in or energetic.
BIP-110 would use a 55% miner-signaling threshold if its proposed deployment guidelines apply.
July 18 (Crypto-Information.Internet) – Foundry USA Pool is asking its mining purchasers how the pool ought to sign on BIP-110, a proposed short-term Bitcoin smooth fork that may limit specified data-carrying transaction varieties if activated.
In line with Foundry USA Pool’s public useful resource web page, purchasers who’re able to vote are directed to make use of a hyperlink of their e mail to entry a voting kind. The web page says the voting window will stay open by way of the signaling-window shut date, forward of block 961,632.
Foundry Ballot Is Pool-Particular
The Foundry ballot is a consumer session for one mining pool. It isn’t a network-wide Bitcoin vote, and it doesn’t present that BIP-110 has been adopted, locked in or activated.
Foundry’s position issues as a result of mining swimming pools coordinate block manufacturing for collaborating miners. Crypto-Information.Internet’s explainer on Bitcoin mining and mining swimming pools covers how miners and swimming pools take part in block creation.
In a July 18 verification snapshot, mempool.house’s 1-week pool desk listed Foundry USA with 294 of 1,001 attributed blocks, or 29.37%. That’s noticed attributed block share for a transferring window, not precise hashrate.
What BIP-110 Would Do
The canonical BIP-110 specification lists the proposal as Standing: Full, Sort: Specification and Layer: Consensus. Full describes the doc’s standing solely. It doesn’t imply the Bitcoin community has accepted the proposal.
BIP-110 would quickly invalidate a number of transaction varieties throughout its energetic interval if enforced. The foundations would limit new output scriptPubKeys over 34 bytes and restrict OP_RETURN outputs to 83 bytes. They’d additionally limit massive pushdata and witness objects. UTXOs created earlier than activation top can be grandfathered.
Beneath the BIP’s deployment design, the miner-signaling threshold is 1109 of 2016 blocks, or 55%. The obligatory signaling window would run from blocks 961,632 by way of 963,647, with lock-in no later than block 963,648 if the BIP’s guidelines apply.
Tradeoffs and Counterpoints
The BIP’s personal tradeoff part says the proposal may constrain superior smart-contracting designs akin to BitVM-like makes use of. It additionally says different soft-fork improve hooks can be unavailable throughout the short-term interval, and a few Miniscript or OP_IF instances might be affected.
Jameson Lopp, whose critique is linked by Foundry as a counterpoint, argued that BIP-110 carries chain-split danger and pockets edge-case danger in his information to the proposal. He additionally raised governance considerations and future-innovation constraints. Lopp argued that present block-space limits and price markets already constrain undesirable transaction knowledge.
A separate July 18 disclosure from Dathon Pwn reported a regtest copy of a late-upgrade chainstate validation hole in opposition to BIP-110-enforcing Bitcoin Knots v29.3.knots20260508 software program. Crypto-Information.Internet situated no maintainer acknowledgement or impartial copy of the BlockSlop report.
Foundry’s voting consequence and last signaling place are unknown. The precise boundary stays block 961,632.
Reporting by Zoran Spirkovski. Modifying by Crypto-Information.Internet.
Sources
Foundry USA Pool – Confirms consumer voting-form entry and the block 961,632 boundary language.https://providers.foundrydigital.com/bip-110_resources
BIP-110 specification – Helps the doc standing, proposed guidelines, UTXO grandfathering, 55% threshold and signaling-window blocks.https://bips.dev/110/
mempool.house mining pool API – Helps noticed attributed block share for Foundry USA within the 1-week pool desk.https://mempool.house/api/v1/mining/swimming pools/1w
Jameson Lopp – Supplies named counterarguments linked by Foundry as a counterpoint.https://weblog.lopp.internet/a-laymans-guide-to-bip-110/
BlockSlop – Helps the attributed July 18 Dathon Pwn regtest copy report and its said scope limits.https://blockslop.dev/
