Bitcoins <\/p>\n
Foundry USA began asking mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal (BIP-110), a soft fork proposing to shrink how much data can be stored in Bitcoin transactions to limit non-monetary transactions, such as Ordinals, on the Bitcoin network.<\/p>\n
The world\u2019s largest mining pool by hashrate also released<\/a> educational resources on the proposal and said that the voting window will close at Bitcoin block 961,632, or sometime in early August.<\/p>\n Foundry\u2019s mining clients can cast their votes by accessing a link received via email.<\/p>\n BIP-110 is currently among the most actively debated Bitcoin proposals. It received vocal opposition from industry leaders including Blockstream CEO Adam Back<\/a>, who said that BIP-110 could be used to freeze user funds<\/p>\n Strategy executive chairman Michael Saylor also criticized<\/a> the proposal, saying that BIP-110 could invalidate ordinary transactions on the network.<\/p>\n Cointelegraph has approached Foundry for comment on the matter.<\/p>\n Foundry is the world\u2019s largest Bitcoin mining pool, accounting for about 23.8% of the Bitcoin network\u2019s total hashrate, according<\/a> to data provider Hashrate Index.<\/p>\n Magazine: <\/strong><\/em>Bitcoin\u2019s quantum upgrade path: What BIP-360 changes and what it does not<\/strong><\/em><\/a><\/p>\n<\/div>\n Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>\n