Just two blocks have been mined on a minority Bitcoin fork run by BIP-110 supporters over an eight-hour stretch, and the chain has since stalled. In that same period, Bitcoin's main chain produced 48 blocks, showing how far apart the two networks are. BIP-110 is a proposal that would temporarily forbid the storage of non-financial data, including images and plain text, in Bitcoin transactions. Proponents say this could ease network congestion and bring down transaction fees. Critics argue that the change would prevent users from doing what they like with block space they have already paid for. The fork chain currently draws only 2.53% mining support, a level so low that block production is extremely slow and meeting the signaling deadline looks difficult. There is also a caution for users: selling the forked tokens while spending main-chain bitcoin could expose them to a replay-attack-like risk. The details come from Odaily's report.
Fork Chain Grinds to a Halt
A minority Bitcoin fork launched by BIP-110 supporters managed just two blocks in about eight hours before grinding to a standstill. Over the same window, the main Bitcoin chain advanced 48 blocks.
The Proposal and the Dispute
BIP-110 would temporarily prohibit storing non-financial data such as images and text in Bitcoin transactions. Backers say this would ease congestion and cut costs. Critics argue it would restrict users' freedom to use block space they have already paid for.
Weak Hashpower and Replay Risk
The fork chain has drawn only 2.53% mining support recently, and block production is extremely slow. It is unlikely to meet the signaling deadline.
There is also a warning for users: selling fork coins while spending main-chain bitcoin could expose them to potential replay attacks.
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