₿ BIP-110 Fork Struggles After Mining Just Two Blocks
The controversial BIP-110 Bitcoin fork has effectively stalled after producing only two blocks in roughly eight hours, while the main Bitcoin chain continued advancing rapidly.
Key highlights:
🔹 The BIP-110 chain produced just 2 blocks, while the main Bitcoin chain produced around 48 blocks during the same period.
🔹 The fork began when BIP-110 nodes started rejecting blocks that did not signal support for the proposal.
🔹 The breakaway chain inherited Bitcoin's existing mining difficulty but has only a tiny share of the network's hashpower.
🔹 Because difficulty adjusts only after 2,016 blocks, the minority chain could face extremely long block times.
🔹 Only around 2.53% of blocks signaled support for BIP-110 over the previous two weeks, far below the 55% threshold associated with activation without a split.
🌐 Why It Matters
BIP-110 aims to restrict the use of Bitcoin block space for non-financial data, while opponents argue that users who pay transaction fees should be free to use available block space.
The current fork highlights the difficulty of maintaining a minority Bitcoin chain with insufficient mining power. For now, the main Bitcoin chain continues moving normally while the BIP-110 chain struggles to maintain momentum.
The experiment is now less about activation , and more about whether the minority chain can survive. ⚡₿
#dyor #NFA✅
The controversial BIP-110 Bitcoin fork has effectively stalled after producing only two blocks in roughly eight hours, while the main Bitcoin chain continued advancing rapidly.
Key highlights:
🔹 The BIP-110 chain produced just 2 blocks, while the main Bitcoin chain produced around 48 blocks during the same period.
🔹 The fork began when BIP-110 nodes started rejecting blocks that did not signal support for the proposal.
🔹 The breakaway chain inherited Bitcoin's existing mining difficulty but has only a tiny share of the network's hashpower.
🔹 Because difficulty adjusts only after 2,016 blocks, the minority chain could face extremely long block times.
🔹 Only around 2.53% of blocks signaled support for BIP-110 over the previous two weeks, far below the 55% threshold associated with activation without a split.
🌐 Why It Matters
BIP-110 aims to restrict the use of Bitcoin block space for non-financial data, while opponents argue that users who pay transaction fees should be free to use available block space.
The current fork highlights the difficulty of maintaining a minority Bitcoin chain with insufficient mining power. For now, the main Bitcoin chain continues moving normally while the BIP-110 chain struggles to maintain momentum.
The experiment is now less about activation , and more about whether the minority chain can survive. ⚡₿
#dyor #NFA✅