The bitcoin fork triggered by the proposed BIP-110 rule change produced only two blocks on Saturday before stalling, leaving it 326 blocks behind the mainnet. The fork inherited bitcoin's heavy mining difficulty while its token carries no market value, giving miners little reason to support it. Difficulty can only fall after the chain mines 2,016 blocks — a step now estimated to be more than six years away. Some observers say it is too early to judge the attempt a failure, according to CoinDesk.
The bitcoin fork triggered by the proposed BIP-110 rule change has stalled after producing just two blocks, leaving it 326 blocks behind the mainnet.
The chain split occurred on Saturday. Because the fork inherited the mainnet's heavy mining difficulty while its own token carries no market value, miners have little incentive to support it, and block production ground to a halt. Under the current rules, difficulty on the fork can only be lowered after 2,016 blocks are mined — a milestone currently projected to take more than six more years.
Some observers say it is still too early to call the attempt a failure, according to CoinDesk.
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