datacarriersize from 80 to 100,000 bytes. This raised the OP_RETURN relay limit — a policy change, not a consensus rule.Signaling Timeline
data/bip110_daily.json.Recent Blocks
0Impact Analysis
If Activated
Transactions using constructions restricted by BIP-110 would become consensus-invalid under the proposal. Applications relying on those constructions would need to modify their transaction format or use alternative approaches.
Potential Effects
Potential effects include changes to block space demand, transaction fee dynamics, and the behavior of data-bearing protocols. The magnitude and direction of these effects depend on adoption, user behavior, and miner incentives.
Timeline
Temporary ~1 year deployment. Includes 2016-block signaling period (55% threshold), 2016-block grace period, then mandatory enforcement if activated. Automatically expires after deployment period.
📋 What Actually Changes?
| Aspect | Before | After (if activated) |
|---|---|---|
| Relay Policy | Can differ between nodes | Consensus rules become stricter for upgraded nodes |
| Validity | Large data transactions remain consensus-valid | Certain oversized constructions become consensus-invalid |
| Block Acceptance | Miners decide via policy | Validity determined by new consensus rules |
| Duration | Ongoing | ~1 year, then automatic expiration |
👤 Who Is Affected?
| Persona | Possible Impact |
|---|---|
| Bitcoin User | Usually none unless using affected transaction types |
| Wallet Developer | May need to update transaction creation logic |
| Miner | Decide whether to signal and enforce the proposal |
| Node Operator | Choose whether to upgrade |
| Data Protocols | May need to adapt transaction formats or migrate activity |
| Researcher | Monitor adoption, signaling, and economic effects |
📋 Possible Scenarios
Lock-in
55% signaling threshold reached within a 2016-block period. BIP-110 locks in, grace period begins, then activates for ~1 year before automatic expiration.
No Lock-in
Threshold not reached during the signaling period. BIP-110 does not activate. Core30 relay policy remains the de facto standard. Debate could continue in subsequent periods.
Contentious Activation
Activation occurs while a portion of the ecosystem continues using previous rules, potentially resulting in competing chains if economic actors support both.
❓ Known Unknowns
- 🔸 Miner participation — which pools will signal and enforce remains uncertain
- 🔸 Exchange and wallet support — adoption by infrastructure providers is unknown
- 🔸 Fee market effects — impact on transaction fees cannot be predicted precisely
- 🔸 Ecosystem response — how applications and users adapt depends on economic incentives
- 🔸 Chain split risk — whether a minority chain persists depends on economic support