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Bip110 could self-fork if not activated by August 7, Adam Back notes

Bip110 could self-fork if not activated by August 7, Adam Back notes
Bip110 may self-fork August 7

Adam Back, CEO and co-founder of Blockstream, indicates that bip110 is set to either self-fork off or fail to activate around August 7.

This development highlights an important decision point for the bip110 implementation in the cryptocurrency space.

Back has previously described bitcoin treasury companies as an arbitrage between present fiat and a potential hyperbitcoinized future. He has also raised questions about management ties after NAKA went public through a reverse takeover with medical services company KDLY. These past statements provide context as Back comments on the fate of bip110.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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