Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

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Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

60-second summary

Bitcoin is currently processing block 961,632 as the contentious BIP-110 soft fork attempt begins. Despite the proposal, bitcoin miners show scant support, and influential commentators have voiced opposition. This lack of backing raises concerns about the proposal's viability, potentially hindering its implementation, and may impact the overall stability and development of the bitcoin network.

The proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition.