What Is the Process of “Miner Signaling” for a Soft Fork Activation?
Miner signaling for a soft fork activation involves miners using a specific bit in the block header's version field to indicate their support for the new rule. The soft fork is typically activated once a predefined threshold of blocks (e.g.
95% of a 2016-block difficulty period) signals readiness within a certain time frame. This mechanism allows the network to gauge consensus among the primary block producers before the new, backward-compatible rules are officially enforced.