• Latest
  • Trending
New Bitcoin Fork Already Deemed Failure

New Bitcoin Fork Already Deemed Failure

August 9, 2026
Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

October 21, 2026
OCC Finalizes US Stablecoin Rules as Bessent Hails GENIUS Act

OCC Finalizes US Stablecoin Rules as Bessent Hails GENIUS Act

October 21, 2026
DefiLlama report: nearly 90% of FXRP supply is locked in DeFi

DefiLlama report: nearly 90% of FXRP supply is locked in DeFi

October 21, 2026
RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions

RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions

October 21, 2026
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal

How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal

October 21, 2026
Meta Platforms (META) Stock: Firmus Deal Expands AI Computing Capacity

Meta Stock: What Wall Street Expects from Earnings Today

October 21, 2026
Solana’s Alpenglow Upgrade Goes Live, Promising 99% Faster Finality

Solana’s Alpenglow Upgrade Goes Live, Promising 99% Faster Finality

October 21, 2026
Switzerland Clears First Retail Bitcoin ETF, Unlocking Direct BTC Access Nationwide

Switzerland Clears First Retail Bitcoin ETF, Unlocking Direct BTC Access Nationwide

October 21, 2026
Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

October 21, 2026
  • Privacy Policy
Wednesday, October 21, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

New Bitcoin Fork Already Deemed Failure

J_News by J_News
August 9, 2026
in Crypto, Top News
0
New Bitcoin Fork Already Deemed Failure
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


Bitcoin has now experienced the chain split that critics of BIP-110 had warned could occur if the controversial proposal reached its signaling phase without meaningful support from miners.

The split occurred at block 961,632, according to data from the BIP-110 monitoring infrastructure cited by Bitcoin commentators. 

The BIP-110 branch has rapidly fallen behind the main Bitcoin network, and it is currently struggling to produce blocks.


New Bitcoin Fork Already Deemed Failure


Solana (SOL), Shiba Inu (SHIB), XRP and Cardano (ADA) Price Analysis For August 8: What Can Fuel the Recovery?

Related articles

Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

October 21, 2026
OCC Finalizes US Stablecoin Rules as Bessent Hails GENIUS Act

OCC Finalizes US Stablecoin Rules as Bessent Hails GENIUS Act

October 21, 2026

At press time, the standard Bitcoin chain had reached block 961,681, while a BIP-110-enforcing node was sitting at block 961,633, according to the monitoring data. That put the BIP-110 branch 48 blocks behind the standard chain.

Bitcoin’s normal block-production target is approximately one block every 10 minutes. The BIP-110 branch, by contrast, was producing blocks at an average interval of about 6.9 hours.

The overwhelming majority of Bitcoin’s mining power has continued extending the conventional. 

The reaction from Blockstream CEO and longtime Bitcoin developer Adam Back was sarcastic and dismissive. “They forked off and found out,” Back wrote. 

card

Earlier, Michael Saylor, the executive chairman of BTC treasury giant Strategy, warned that the fork would stall into irrelevance. 

“With only 2.6% miner signaling, BIP-110 has failed to earn broad miner support,” Saylor wrote on X. “At block 961,632, its nodes will reject non-signaling blocks. BIP-110 will then stall or fork into irrelevance while Bitcoin continues normally. Bitcoin is working as designed.”

BIP-110 is meant to restrict the amount and types of arbitrary non-financial data that can be embedded in Bitcoin transactions.

The proposal was authored under the pseudonym Dathon Ohm, with Luke Dashjr, a longtime Bitcoin developer and maintainer associated with Bitcoin Knots, being its main cheerleader. 

Its supporters argue that Bitcoin was designed as a peer-to-peer monetary system, so it does not have to function as a general-purpose data-storage system. 

However, Bitcoin Core developers argued that restrictive policies were ineffective because data could find alternative routes into blocks. In 2025, Bitcoin Core 30 moved toward a dramatically higher default OP_RETURN limit, with the key limit increasing from 83 bytes to 100,000 bytes.

Dashjr remains defiant 

Luke Dashjr remains defiant, recently rejecting claims that BIP-110 has failed.

Dashjr accused opponents of deliberately misrepresenting the situation and urged supporters to ignore the “lies.”

“Bad actors are once again spreading lies about BIP110’s death,” Dashjr wrote. “BIP110 has NOT failed. Do not give in to their gaslighting.”

Dashjr acknowledged that the BIP-110 chain was producing blocks more slowly, but he claims that the problem is tolerable. “Not really. Blocks are slower, but that’s tolerable,” he wrote.



Source link

ShareTweetShareShare

Related Posts

Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

by J_News
October 21, 2026
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

OCC Finalizes US Stablecoin Rules as Bessent Hails GENIUS Act

OCC Finalizes US Stablecoin Rules as Bessent Hails GENIUS Act

by J_News
October 21, 2026
0

US Treasury Secretary Scott Bessent has compared the Trump administration’s landmark stablecoin legislation to banking reforms enacted under President Abraham...

DefiLlama report: nearly 90% of FXRP supply is locked in DeFi

DefiLlama report: nearly 90% of FXRP supply is locked in DeFi

by J_News
October 21, 2026
0

Nearly 90% of circulating FXRP supply is deployed across DeFi protocols. Flare Data Connector fees now account for 45% of...

RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions

RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions

by J_News
October 21, 2026
0

RLUSD-backed loans are liveRipple's stock trading may face limited liquidityAs Ripple continues to improve its services to better serve institutions...

How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal

How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal

by J_News
October 21, 2026
0

Muttoni did not disclose how much of Story's original $140 million in funding remains, but said its existing investors, including...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

Capital B Buys 376 BTC for $29M, Pushes Bitcoin Treasury to 3,521 BTC

67M Crypto Holders Put Pressure on Senate as Ripple Pushes CLARITY Act Showdown

Trump Says AI Will Not Cause Human Extinction as OpenAI and Anthropic Researchers Warn of Danger

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog