BIP-110 Chain Falls Behind as Hashpower Support Lags
Only 2.53% of blocks signaled support, leaving the breakaway chain with two blocks and no miner willing to continue it.
- The BIP-110-enforcing branch stalled at block 961,633 on Sunday after splitting from Bitcoin on Saturday, producing only two blocks while the main chain advanced to 961,721, widening the gap to 88 blocks.
- BIP-110 supporters split from Bitcoin on Saturday after failing to reach the 55% signaling threshold needed for activation, with the fork beginning at block 961,632 when enforcing nodes rejected non-signaling blocks.
- Bitcoin recalculates mining difficulty every 2,016 blocks, preventing the stalled chain from adjusting until completion; the monitor estimates this will take 350 days versus 14 days for Bitcoin.
- Both chains accept identical transactions, allowing a signed transaction sending fork coins to work on Bitcoin; users should track this risk, as a buyer could rebroadcast to collect real BTC from the same seller.
- Blockstream CEO Adam Back and Strategy executive chairman Michael Saylor opposed BIP-110, arguing it threatens Bitcoin's neutral rules and consensus, while supporters claim storing non-financial data clogs the network and increases costs.
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Bitcoin BIP-110 fork could expose holders to replay attacks
Bitcoin holders could lose real BTC if they try to sell coins created by a potential BIP-110 chain split without first separating their balances. BIP-110 fork could put real Bitcoin at risk Bitcoin developer Kevin Loaec warned holders against moving…
Bitcoin's BIP-110 supporters split onto minority chain as main network pulls ahead - CryptoGazette
BIP-110 supporters fork onto a minority Bitcoin chain as the main network pulls ahead, raising governance and market questions for the crypto ecosystem. The post Bitcoin’s BIP-110 supporters split onto minority chain as main network pulls ahead appeared first on CryptoGazette.
Bitcoin News: Network Splits As BIP-110 Proposal Struggles
Key Insights: The Bitcoin network experienced a chain split, with BIP-110 supporters initiating a soft fork at Block height 961,632. The BIP-110 chain failed to gain sufficient miner support and is now over 100 blocks behind the main chain. BIP-110 supporters say the effort is not dead, even as opponents claim it has failed. At the same time, Bitcoin remains stable at $65,000. According to Bitcoin News, the Bitcoin Network experienced a chain s…
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