Alex Thorn: BIP-110 signaling projected to be 51 percentage points below 55 percent activation threshold

Alex Thorn: BIP-110 signaling projected to be 51 percentage points below 55 percent activation threshold
BIP-110 signaling seen lagging threshold

Alex Thorn projects that BIP-110 signaling will fall significantly short of the mandatory 55 percent required at the activation block.

He calculates that even if the recent acceleration in growth continues, the rate will still be 51 percentage points below the threshold.

Thorn has previously commented on technical developments in the Bitcoin ecosystem. He noted that OP_RETURN usage remained under 0.1% of Bitcoin blockspace following the Bitcoin Core v30 update. In a separate initiative, he pledged up to $5 million in grants to support post-quantum cryptography research for Bitcoin.

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