ChainCatcher reports that Bitcoin News posted on X, quoting Luke Dashjr as saying the developers' meeting is 'going well' and plans are advancing to change Bitcoin's proof-of-work algorithm via a hard fork. Developers are expected to announce the chosen hash algorithm tomorrow, with RTDS enabled from the first block. Block size reduction and replay protection are under discussion. The news comes as reports say Dashjr is no longer a licensed user of the BIP content repository. If implemented, the PoW change would create a separate blockchain, effectively forming a new altcoin, and existing BTC holders would receive tokens on the forked chain.
ChainCatcher reported that Bitcoin News posted on X, citing Luke Dashjr as saying the developers' meeting is 'going well' and that related plans are progressing. The plan involves changing Bitcoin's proof-of-work (PoW) algorithm through a hard fork. Developers are expected to announce the selected hash algorithm tomorrow and enable RTDS from the first block. Block size reduction and replay protection are also part of the discussion.
The news arrives alongside reports that Dashjr is no longer a licensed user of the BIP content repository. If the plan is implemented, the PoW change would create a separate blockchain, effectively forming a new altcoin and granting existing BTC holders tokens on the forked chain.
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