BTC news: Bitcoin split after BIP-110 fails, the new chain stopped after two blocks
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.
24 Articles
24 Articles
BTC news: Bitcoin split after BIP-110 fails, the new chain stopped after two blocks
The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still accept the same transactions.
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…
BIP-110 Enforcing Chain Stalls At Two Blocks As Miner Gap Widens
Bitcoin's BIP-110-enforcing branch produced just two blocks before stalling at block 961,633 on Sunday. The non-enforcing chain kept moving and reached block 961,721, pushing the gap to 88 blocks. The data comes from the BIP-110 monitor, last updated at 10:19 am UTC, which showed the branch's newest block was already 12 hours old.Only one identified group has mined on the enforcing side so far. Ocean records show a pseudonymous outfit called Rou…
BIP-110 Chain Falls Behind as Hashpower Support Lags - Invest In Crypto News
Bitcoin’s BIP-110-enforcing branch stalled at block 961,633 on Sunday after producing only two blocks, while the non-enforcing chain advanced to 961,721, widening the gap to 88 blocks. According to the BIP-110 monitor, updated at 10:19 am UTC, the branch’s latest block had been mined about 12 hours earlier. Ocean records show that a pseudonymous mining group called Roughnecks produced the branch’s first two blocks using Ocean’s Decentralized Al…
Bitcoin’s BIP-110 Governance Experiment Collapses Fast
Summary: BIP-110 failed to gain sufficient miner support and stalled after two blocks. The minority chain secured only 2.53% of […] The post Bitcoin’s BIP-110 Governance Experiment Collapses Fast appeared first on CoinsPress.
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