Controversial Bitcoin fork BIP-110 mines two blocks, then stops
The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still accept the same transactions.
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Summary
- A minority chain created by supporters of Bitcoin’s BIP-110 proposal has effectively stalled, producing only two blocks in roughly eight hours while the main bitcoin chain has advanced by 48 blocks.
- BIP-110 would temporarily ban storing non-financial data such as images and text in bitcoin transactions, a move backers say would reduce congestion and costs but critics argue violates users’ freedom to use paid block space as they wish.
- With only 2.53 percent of recent mining support, the forked chain faces extremely slow block times, no realistic path to meeting its signaling deadline, and exposes users to replay-style risks if they try to sell fork coins while spending their main-chain bitcoin.
