- A fork chain enforcing Bitcoin’s BIP-110 rule has all but stalled after producing two blocks, widening its gap with the main chain to 88 blocks.
- The BIP-110 chain must mine the entire current 2,016-block adjustment period through block 963,647 to receive a difficulty adjustment, meaning progress will remain slow unless enough hashpower shifts to it.
- Michael Saylor and Adam Back said BIP-110 could threaten Bitcoin’s neutral rules, consensus structure and reliability, while potentially making some unspent transaction outputs permanently unusable.
Forecast Trend Report by Period
A fork of the Bitcoin network that enforces the BIP-110 rule has all but stalled after producing just two blocks, and is rapidly falling further behind the main chain.
Cointelegraph reported on August 9 that the BIP-110 chain stopped progressing at block 961,633. By the same time, the chain that does not enforce BIP-110 had reached block 961,721, widening the gap to 88 blocks. The BIP-110 monitor showed the fork chain’s most recent block was mined about 12 hours earlier.
The fork chain’s first two blocks were mined by Roughnecks, an anonymous mining group, through Ocean’s decentralized mining protocol DATUM.
