BIP-110, the proposal to strip data hoarding from Bitcoin, is heading for collapse at its August test, with the mandatory signalling window opening at block 961,632 while miner backing sits at effectively zero, and critics led by Michael Saylor line up against it. If a determined minority enforces it anyway, the chain could split, and ordinary holders, not developers, would be the ones left sorting out which version of their coins counts.
The proposal, titled the Reduced Data Temporary Softfork, would spend a year squeezing the space available for non-financial data, capping the OP_RETURN field at 83 bytes and limiting large script pushes, in a direct strike at the inscription boom that has filled blocks with images and tokens. Its author writes under the pseudonym Dathon Ohm, with veteran developer Luke Dashjr credited as a contributor, a detail that has itself become part of the fight.
