MONDAY, JUL06
1. BIP-110 fails at deadline, 2. Freedom units, 3. Wasabi 2.8 ships, 4. AI grid crunch
From Proto and Bitkey - part of the Bitcoin ecosystem at Block, Inc.
1. bip110
The contested soft fork BIP-110, which sought to restrict non-financial data such as inscriptions in Bitcoin transactions, hit its miner-activation deadline on July 4 and failed decisively, with only about 10 of 2,016 blocks signaling support, far under 1 percent against the 55 percent threshold required, according to AMBCrypto. Strategy’s Michael Saylor framed the outcome by calling hard consensus Bitcoin’s immune system, the idea that bad proposals must fail before they can harm the network, while Nakamoto founder David Bailey called the multi-year campaign behind BIP-110 a hostile takeover attempt and argued its collapse was bullish for Bitcoin. For a protocol-minded audience, the deadline marks the effective end of the miner-activated path for the data-carrier fight that has dominated developer discourse for weeks, though a user-activated window remains in August. The episode is a live demonstration of how Bitcoin’s leaderless governance rejects contested rule changes, refusing activation rather than forcing a split, and a reminder that credible neutrality is defended by the difficulty of changing the rules at all.2. freedom
The Nostr-native client Primal marked America’s 250th Independence Day with a short video zapping 250 sats, calling them freedom units, and argued the founders would have embraced freedom technology, in a post on X. The post is playful on the surface but lands a serious point for a Bitcoin Park audience: open protocols for money and speech are a modern inheritance of the same anti-permission ideals the holiday celebrates. Primal has consistently tied its product work on Nostr and Lightning to sovereignty culture rather than chasing engagement metrics, positioning censorship-resistant social and payments as of a piece with the founding-era suspicion of centralized authority. The gesture, zapping a small bitcoin payment over an open protocol to make a point about independence, is itself a small demonstration of the tools working. As Nostr and Lightning mature into everyday use, framing them as freedom technology rather than mere crypto products is a deliberate cultural bet on why permissionless systems matter beyond their mechanics.3. wasabi
Wasabi Wallet has shipped version 2.8.0, a substantial release that adds peer-to-peer synchronization for compact block filters, pay-in-coinjoin, payment batching, arm64 Linux support including the privacy-focused Tails and Whonix systems, a scheme scripting language, sub-one-satoshi-per-vByte fees, Signet support, and forward-compatible Tor work, according to the project. The upgrades push the privacy wallet toward lower coordination overhead and cheaper on-chain exits, practical improvements for users who want coinjoin without depending on a central coordinator indefinitely. For self-custody-minded bitcoiners, the release continues Wasabi’s long iteration on one of the hardest problems in the space: making on-chain privacy genuinely usable rather than only theoretically possible. Peer-to-peer filter sync in particular reduces reliance on servers that could observe which addresses a user cares about, closing a common privacy leak. Each release chips at the friction that keeps privacy tooling in the hands of specialists, part of the slow work of making financial privacy a default property rather than an expert’s luxury.4. silicon
Across the 84 AI data-center facilities that Silicon Report tracks in the United States, total planned capacity approaches 43 gigawatts, and the factor now deciding how fast that capacity comes online is no longer chip allocation but the electrical grid, according to the outlet’s analysis. Utility interconnection queues in the markets carrying most of the 2026 buildout, including Northern Virginia, Phoenix, and Dallas, now run four to seven years, meaning a campus joining a queue this spring cannot expect utility power before 2030. For an audience tracking the energy-and-compute collision, the piece quantifies the bottleneck that reshapes bitcoin mining too: nineteen of the tracked facilities are a gigawatt or larger, and Texas alone holds 34 percent of tracked capacity, drawn by ERCOT’s faster interconnection and cheap Permian gas. Operators are increasingly building on-site gas generation to bypass the queue, since turbines deploy in roughly eighteen months against a multi-year grid wait. The scarce resource is power and the ability to connect it, a constraint bitcoin miners have navigated for years.Consider subscribing and sharing OP_Daily with your community.