BIP-110

Articles

Start with the context behind Bitcoin's arbitrary data problem, then move into the BIP-110 proposal and its tradeoffs.

Context#

Start with the institutional and technical background: the network, the leverage points, the merge, and the OP_RETURN policy change.

BIP-110#

Then move into the proposal itself: activation mechanics, game theory, legal exposure, and the objections to the soft fork.

Further analysis#

Additional modeling and follow-up work that extends the framework.