Bitcoin's "Anti-Spam" Update Failed, Lasting Less Than a Day

cryptonews.ruPublished on 2026-08-10Last updated on 2026-08-10

Abstract

A Bitcoin update proposal aimed at curbing spam by temporarily banning non-financial data from being stored on the network, BIP-110, has failed decisively. After months of debate, developers attempted to launch a separate blockchain, which collapsed within a day. The failure stemmed from a critical lack of miner support, with less than 1% signaling approval for the update. The vast majority of miners chose to continue mining the main Bitcoin blockchain without providing explanations. Despite this, the initiative's developers proceeded to launch an alternative blockchain—a hard fork of Bitcoin—on August 8. This meant a small subset of miners stopped mining Bitcoin to support the new chain with BIP-110 changes. However, the new network inherited Bitcoin's mining difficulty. With only a tiny fraction of the total computational power, block times stretched to roughly 7 hours instead of the standard 10 minutes, rendering the network practically non-functional. Michael Saylor, founder of major corporate Bitcoin holder MicroStrategy and a vocal opponent of BIP-110, commented: "Bitcoin worked exactly as designed. The BIP-110 fork occurred, and network participants were free to choose which chain to follow. As a result, about 99.85% of the network's hash power remained with Bitcoin." The event had no significant impact on Bitcoin's price, which traded in a narrow range between approximately $64.5k and $65.5k from August 7 through August 10.

The proposal to change Bitcoin's code—BIP-110, which suggested a temporary ban on storing non-financial data on the network of the leading cryptocurrency—has effectively failed. After months of debates, developers attempted to launch a separate blockchain, which couldn't operate for even a day.

The failure of BIP-110 was due to critically low miner consensus, with less than 1% supporting the update. In other words, the remaining miners signaled they would continue mining the main Bitcoin without explanation.

However, this did not stop the initiative's developers from launching an alternative blockchain on August 8—a hard fork (modified copy of the code) of Bitcoin, i.e., a modified version of the leading cryptocurrency. This meant that some miners stopped mining Bitcoin and switched to mining new blocks containing BIP-110 changes.

However, because the new network used Bitcoin's mining difficulty, with an extremely low share of computing power, new blocks were mined at intervals of about 7 hours instead of the standard ten minutes. As a result, the network effectively ceased to function.

Michael Saylor, founder of the largest corporate Bitcoin holder—Strategy company, who previously opposed BIP-110, stated:

"Bitcoin worked exactly as intended. A fork of BIP-110 occurred, and network participants were free to choose which network to follow. As a result, about 99.85% of the network's power remained with Bitcoin."

This had no impact on Bitcoin's price. From August 7 to August 10, Bitcoin traded in a narrow range from $64.5k to $65.5k.

end-content

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