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Tone Vays, bitcoin analyst, derivatives trader and event producer, comments that developments related to Bip110 are progressing as anticipated, with a group likely to initiate a fork involving a proof-of-work change.
He notes the recent Coldcard exploit has overshadowed this initiative, leading to their attempt being largely overlooked.
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Tone Vays previously argued that the UASF strategy is dangerous for Bip110 accounts and questioned its underlying motives in an earlier critique. He has also highlighted the need for Trezor to add Bip39 support, pointing to compatibility gaps with other hardware wallets such as Blockstream Jade in a separate analysis. Both comments provide context for Vays’s ongoing engagement with technical Bitcoin debates.