Bitcoin Network Rejects BIP-110 Fork as Hashpower Stays at 99.85%

Nearly all Bitcoin miners ignored the BIP-110 fork, leaving it 80 blocks behind after mining just two. Bitcoin’s BIP-110 fork, intended as an anti-spam measure, stalled after mining only two blocks. The network’s hashpower overwhelmingly remained with the original chain, w

Nearly all Bitcoin miners ignored the BIP-110 fork, leaving it 80 blocks behind after mining just two.

Bitcoin’s BIP-110 fork, intended as an anti-spam measure, stalled after mining only two blocks. The network’s hashpower overwhelmingly remained with the original chain, with 99.85% of miners opting not to follow the fork.

The fork fell more than 80 blocks behind the main chain within hours, signaling near-universal rejection. No major exchanges or mining pools announced support for the alternative branch.

Market reaction was muted, with Bitcoin’s price showing no significant movement following the fork’s failure.

Leave a Reply

Your email address will not be published. Required fields are marked *