Bitcoin BIP-110 effectively rejected with just 0.7% miner support

Bitcoin Improvement Proposal (BIP) 110, which aimed to restrict the recording of images and text in transactions, has been effectively rejected after garnering only 0.7% support from miners, CoinDesk reported. According to the report, the proposal failed to win backing from mining pools and institutional investors, and several prominent developers voiced their opposition. BIP-110 was intended to temporarily tighten consensus rules on transaction data for approximately one year to block the inscription method. The 2021 Taproot upgrade enabled the addition of images and text to transactions, leading to the emergence of Ordinals and Runes. Supporters view this as a legitimate use of Bitcoin's block space, while opponents argue that non-financial data unnecessarily bloats the blockchain and undermines decentralization. The proposal also sparked controversy by attempting to revive the "user-activated" method, where nodes enforce rules without miner consensus. Opponents warned that implementing rules without broad agreement could lead to a chain split.