Foundry USA Pool is polling its personal mining shoppers on how the pool ought to sign for BIP-110.
The ballot just isn’t a network-wide Bitcoin vote, and BIP-110 just isn’t adopted, locked in or lively.
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 shoppers how the pool ought to sign on BIP-110, a proposed short-term Bitcoin smooth fork that may prohibit specified data-carrying transaction types if activated.
In accordance with Foundry USA Pool’s public useful resource web page, shoppers 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 shopper session for one mining pool. It’s not 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 taking part 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 actual 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 briefly invalidate a number of transaction types throughout its lively interval if enforced. The foundations would prohibit new output scriptPubKeys over 34 bytes and restrict OP_RETURN outputs to 83 bytes. They’d additionally prohibit massive pushdata and witness gadgets. UTXOs created earlier than activation peak can be grandfathered.
Underneath the BIP’s deployment design, the miner-signaling threshold is 1109 of 2016 blocks, or 55%. The necessary 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 might constrain superior smart-contracting designs equivalent 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 circumstances could possibly 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 issues and future-innovation constraints. Lopp argued that present block-space limits and price markets already constrain undesirable transaction information.
A separate July 18 disclosure from Dathon Pwn reported a regtest copy of a late-upgrade chainstate validation hole towards BIP-110-enforcing Bitcoin Knots v29.3.knots20260508 software program. Crypto-Information.Internet positioned no maintainer acknowledgement or unbiased copy of the BlockSlop report.
Foundry’s voting end result and ultimate 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 shopper 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.web/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/
