chainsplit

#BIP110SoftForkAttemptBegins Bitcoin $BTC has reached block 961,632, triggering the mandatory signaling period for the controversial BIP-110 soft fork. ⚠️

This proposal, officially titled the Reduced Data Temporary Softfork, aims to restrict arbitrary non-financial data in transactions for one year. However, it has failed to gain necessary miner support, with less than 3% of blocks signaling approval compared to the required 55%.

As a result, BIP-110 nodes have rejected the current block, causing a chain split into a minority blockchain. 📉

Key Implications:

Fork Active: A separate, low-hashrate chain is now operating independently.
Replay Risk: Users holding coins on the minority chain face risks if they attempt to sell or move funds without proper separation.
Outcome: The main $BTC network continues unaffected, as the majority of miners and the ecosystem rejected the change.
#Bitcoin #BIP110 #Cryptonews #Blockchain #ChainSplit #DYOR #NFA

🚨 $BTC FORK FIZZLES — MAIN CHAIN DOMINATES, 3% SUPPORT IS A JOKE 🟢

The much-hyped BIP-110 fork split off Saturday, but it’s already gasping. The minority chain scraped two blocks then stalled, now 18 blocks behind — a classic ghost chain. 📊 Even Ocean’s own mining pool routed hash to the main chain, exposing zero conviction.

Miner support peaked at 3%, nowhere near the 55% threshold. This was a narrative stunt, not a real threat. 💡 Bitcoin absorbed the deviation like a liquidity sweep and kept marching — its antifragility on full display.

The fork’s difficulty is still 127.48 trillion, a death sentence for a chain with near-zero hash power. The main chain adds a block every 10 minutes while the fork is stuck in molasses. 💬 Will this failed fork finally put the Ordinals debate to rest, or are we just warming up for the next drama? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BTC #Bitcoin #BIP110 #ChainSplit #Crypto

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