BIP-110 dies with a whimper, CLARITY vote punted: Hodler’s Digest, Aug. 9

Read original at CoinTelegraph·

BIP-110 dies with a whimper, CLARITY vote punted: Hodler’s Digest, Aug. 9

60-second summary

BIP-110, a proposed Bitcoin Improvement Proposal, is effectively dead after forking itself into a 2-block chain, rendering it useless. Meanwhile, the CLARITY bill, aiming to provide regulatory clarity for digital assets, has been rescheduled for a Senate vote in September, with odds suggesting a likely rejection, potentially exacerbating market uncertainty and volatility in the cryptocurrency space.

BIP-110 forks itself into oblivion with a “2-block chain” and CLARITY will finally get a Senate vote in September. The odds say that vote will be a No.