$BTC BIP-110 Bitcoin Fork Stalls After Mining Just Two Blocks
The controversial Bitcoin breakaway chain, BIP-110, has effectively stalled after mining only two blocks. Because the new chain inherited Bitcoin’s high mining difficulty with only a tiny fraction of its overall hashpower, block generation slowed to hours apart.
Compounding the chaos, both chains still accept identical transactions, exposing users to severe replay attack risks. Without a rapid difficulty adjustment or a massive influx of dedicated hashpower, this breakaway attempt faces an early demise.
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules
The controversial Bitcoin breakaway chain, BIP-110, has effectively stalled after mining only two blocks. Because the new chain inherited Bitcoin’s high mining difficulty with only a tiny fraction of its overall hashpower, block generation slowed to hours apart.
Compounding the chaos, both chains still accept identical transactions, exposing users to severe replay attack risks. Without a rapid difficulty adjustment or a massive influx of dedicated hashpower, this breakaway attempt faces an early demise.
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules