Bitcoin’s BIP-110 Fork Is Already Dead in the Water After Just Two Blocks

TLDR

• BIP-110 entered mandatory signaling at block 961,632 with only 2.53% miner support, far below the 55% threshold needed
• Nodes enforcing BIP-110 began rejecting blocks that did not signal support, creating a minority chain
• The breakaway chain produced just two blocks in eight hours while the main Bitcoin chain advanced 48 blocks
• The fork inherited Bitcoin’s full mining difficulty but has a tiny share of hashpower, putting the next difficulty adjustment 350 days away
• Critics including Michael Saylor and Adam Back warned the proposal could divide Bitcoin

Bitcoin Improvement Proposal 110 has entered its mandatory-signaling phase, but the minority chain it created has nearly ground to a halt after producing just two blocks in roughly eight hours.

Saylor Says BIP-110 Fork Has Just 0.15% of Bitcoin Hashpower

Michael Saylor said about 99.85% of Bitcoin’s hashpower remained on the main chain after the BIP-110 fork, while the minority branch mined only two blocks and fell more than 80 blocks behind. He estimated the BIP-110… pic.twitter.com/a9Bt2GfjwF

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