Bitcoin’s BIP-110 fork is 300 blocks behind BTC and six years from fixing itself
The breakaway chain has produced two blocks since splitting off on Saturday. Bitcoin has produced more than 300 in the same stretch.
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Summary
- A proposed Bitcoin rule change known as BIP-110 triggered a chain split on Saturday, but the breakaway chain has produced only two blocks and has since stalled.
- Because the forked chain inherited Bitcoin’s high mining difficulty while its coin has no market value, miners have little incentive to support it, leaving it 326 blocks behind the main network.
- The forked chain cannot lower its mining difficulty until it reaches 2,016 blocks, a milestone now estimated to be more than six years away, though some observers caution it is too early to declare the effort a failure.
