Crypto
Home›Crypto›Bitcoin›Bitcoin BIP-110 fork stalls after mining only two bloc…
Bitcoin BIP-110 fork stalls after mining only two blocks
The breakaway chain triggered at block 961,632 and, without its own hashpower, would need about 350 days to reach its next difficulty adjustment, leaving it far slower than the main network.
Decrypt reports that a breakaway Bitcoin chain tied to the BIP-110 proposal split from the main network on Saturday at block 961,632, but it mined only two blocks in about eight hours before stalling. The fork’s blocks quickly fell dozens of blocks behind, as Bitcoin continued producing blocks about every ten minutes on the main network. BIP-110 is a soft-fork proposal intended to temporarily bar non-financial data, including Ordinals inscriptions, from being included in transactions, a move its supporters say helps curb spam and fee pressure.
According to Decrypt, the breakaway chain inherited Bitcoin’s existing mining difficulty setting while operating with a small share of the network’s mining support, about 2.53% of recent blocks signaling for BIP-110, far below the 55% activation threshold. Because Bitcoin recalibrates difficulty only every 2,016 blocks, Decrypt says the fork would likely require roughly 350 days to reach its next difficulty adjustment, compared with about two weeks for Bitcoin, contributing to why blocks would remain hours apart.
The outlet adds that the split followed a long-running dispute over the proposal, with critics viewing BIP-110 as censorship, and reporting that nodes running the BIP-110 software rejected blocks that did not signal support for the proposal.
Latest closeBitcoin $65,083.98 ▲0.3%