Bitcoin's BIP-110 Hits Mandatory Signaling Phase — But Less Than 3% of Miners Are On Board. Here's Why That Matters

WHY IT MATTERS

Think of a Bitcoin upgrade like a proposed amendment to a country's constitution — it needs broad agreement before it becomes law. In Bitcoin's world, miners (the computers that process transactions and secure the network) essentially 'vote' by signaling their support for a change. 'Mandatory signaling' is like the formal voting period — miners are now expected to declare whether they support BIP-110 or not. The problem? Less than 3% are saying yes, which is like holding an election where almost nobody shows up to vote in favor. This matters because Bitcoin can only change its rules if the vast majority of the network agrees, and right now, that agreement is nowhere close. For everyday crypto holders, a failed upgrade attempt doesn't directly affect your Bitcoin, but it does reveal how difficult it can be to evolve a truly decentralized system.