BIP-110 Mandatory Signal Activation Expected in 48 Hours

iconTechFlow
Share
AI summary iconSummary
Bitcoin breaking news: The mandatory signal activation for BIP-110 is set to begin in approximately 48 hours, or 290 blocks, according to Dathon Ohm. Miners must signal readiness via blocks, or risk having their blocks rejected. Ohm urged users to upgrade to Bitcoin Knots nodes, warning that using Bitcoin Core after activation could lead to security issues. This Bitcoin update underscores the urgency for miners and users to prepare before the deadline.

BIP-110 supporter Dathon Ohm stated that mandatory signaling for BIP-110 is expected to begin after approximately 290 blocks, or about 48 hours. At that point, miners must signal their readiness for BIP-110 through blocks; otherwise, such blocks may be deemed invalid and discarded. He also recommended that miners and users upgrade to Bitcoin Knots nodes, noting that continuing to run Bitcoin Core after mandatory signaling begins poses a security risk.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.