Bitcoin's new fork is considered a failure, BIP-110 encounters setbacks
2026-08-09 14:22:52
According to CoinMeta, the new Bitcoin fork has been considered a failure, with BIP-110 experiencing a chain split without the support of miners. According to data from BIP-110 monitoring infrastructure, the split occurred at block 961,632. The BIP-110 branch quickly fell behind the main Bitcoin network and is currently facing difficulties in producing blocks. As of press time, the standard Bitcoin chain has reached block 961,681, while the BIP-110 forced nodes are stuck at block 961,633, lagging behind the main chain by 48 blocks. The normal block production target for Bitcoin is about one block every 10 minutes, whereas the average production interval for the BIP-110 branch is about 6.9 hours. The vast majority of Bitcoin's computing power is still supporting the traditional chain. Blockstream CEO Adam Back responded sarcastically, saying, "They discovered the truth after they forked." The executive chairman of BTC Treasury, Michael Saylor, also warned that the fork would end up being insignificant.
Source:U.Today
This content is for market information only and does not constitute investment advice.
Follow CoinMeta official accounts to stay updated

Hot Articles
Refresh

'No longer a distant place': F2Pool Co-founder Chun Wang joins SpaceX's 2-year mission to Mars
05-22 18:25

Polymarket Targets Japan Approval Despite Gambling Laws
05-22 18:00

ZachXBT flags suspected exploit involving Polymarket's UMA adapter contract on Polygon
05-22 17:57

ZachXBT flags $520K Polymarket exploit on Polygon, team says funds are safe
05-22 17:24

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
05-22 17:24



