Why BIP-110 Failed: Flawed Soft Fork Design or Miner Capture?
BIP-110 proponents argues that the rejection of the proposal proves Bitcoin has been “captured” by a centralized cartel of major mining pools. Critics insist the rejection validates Bitcoin’s governance model, demonstrating its built-in anti-fragility—remaining resistant to unilateral or contentious changes. A Fracture in Node Sovereignty In the wake of the now-failed attempt to restrict non-financial […]