Bitcoin Knots Plans New Proof-of-Work Algorithm After BIP-110 Enforcement Fails
đ Bitcoin Knots announced plans to select a new proof-of-work algorithm for the stalled BIP-110 chain, which has only produced two blocks since its split.
âïž The situation has sparked a debate within the community regarding Bitcoin's consensus, with differing opinions on the legitimacy and support for the BIP-110 fork.
đ Despite the turmoil, Bitcoin's price remained relatively stable at around $64,000, showing minimal reaction to the ongoing developments in the BIP-110 chain.
đ Bitcoin Knots announced plans to select a new proof-of-work algorithm for the stalled BIP-110 chain, which has only produced two blocks since its split.
âïž The situation has sparked a debate within the community regarding Bitcoin's consensus, with differing opinions on the legitimacy and support for the BIP-110 fork.
đ Despite the turmoil, Bitcoin's price remained relatively stable at around $64,000, showing minimal reaction to the ongoing developments in the BIP-110 chain.