Plan B: Oppose Bitcoin BIP-110 proposal, fork supporters misunderstand decentralization

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Renowned analyst PlanB opposes the BIP-110 proposal, arguing that fork supporters do not understand the essence of Bitcoin as a decentralized anonymous asset. BIP-110 is a temporary soft fork proposal that plans to reduce non payment data in transactions by adding 7 consensus restrictions. Currently, the miner support rate is about 1%, far below the 55% required for approval. The final result will be announced around August 7-8.

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