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BIP-110 Fork Stalls at Two Blocks as Bitcoin Miners Refuse to Follow

Bitcoin Magazine BIP-110 Fork Stalls at Two Blocks as Bitcoin Miners Refuse to Follow A controversial proposal — supported by the Knots community — aimed at clearing up spam on the Bitcoin network, attempted to fork on Saturday. It failed spectacularly, picking up only a fraction of the mining power of the main Bitcoin network. This post BIP-110 Fork Stalls at Two Blocks as Bitcoin Miners Refuse to Follow first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Bitcoin MagazineBitcoin MagazineMathew Di Salvo10 Aug

Bitcoin’s BIP-110 fork is back, but its backers want to replace the miners and change PoW

Bitcoin’s BIP-110 push failed to gain meaningful mining support over the weekend, leaving the proposal stranded on a minority chain that produced only two blocks before stalling at height 961,633. The soft fork was designed to temporarily restrict several forms of arbitrary data on Bitcoin and required 55% miner signaling during its deployment window. Instead, […]

CryptoSlateCryptoSlateOluwapelumi Adejumo10 Aug

Bitcoin Miners Demand Ousting of OCEAN Leadership After BIP-110 Fork Disaster

Bitcoin mining pool OCEAN faces an escalating crisis after a controversial admission.The pool redirected some users’ hashrate to the failed BIP-110 minority chain without clear consent. The incident lasted roughly 18 hours. During that time, affected miners believed they were using non-BIP-110 Stratum templates. Instead, their hardware mined blocks on a separate fork. Bitcoin Hashrate

BeInCryptoBeInCryptoPhil Haunhorst10 Aug

BIP-110 Backers Plot Minority Chain’s PoW Reset to ‘Fire’ Bitcoin Miners

BIP-110 proponents are debating whether to change the proof-of-work algorithm on their stalled minority chain after it managed to mine only two blocks before Bitcoin’s enormous difficulty effectively brought activity to a signficant crawl. The BIP-110 chain split from Bitcoin after mandatory signaling began at block 961632 on Aug. 8. Nodes enforcing BIP-110 began rejecting […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman9 Aug

Bitcoin’s Price Barely Blinks Amid Coldcard Sweeps and BIP-110’s Collapse

Bitcoin barely flinched through two potentially disruptive events, holding near $65,000 as losses tied to the Coldcard hardware wallet exploit mounted and the BIP-110 minority chain stalled almost immediately after splitting from the main network. Over the past 48 hours, BTC traded largely between $64,500 and $65,250. By Sunday morning, Aug. 9, bitcoin was changing […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman9 Aug