jimmysong
· 4w
Let's hear your take on how BIP110 plays out
I believe that once BIP adoption rises above 20%, miners will start upgrading to it before a UASF. The risk of turbulence and reputational damage for Bitcoin, especially around Lightning disruptions, exchange confusion, and price pressure, will push miners to protect themselves financially by preventing a fork and adopting the new rules. Miners who continue to mine spam would effectively split off from the main chain.