technology
Bitcoin splits due to BIP-110: emergence of an alternative chain
On August 8, a technical fork occurred in the Bitcoin network as nodes supporting BIP-110 began rejecting blocks from the main chain, resulting in a minor alternative chain. The network largely continued functioning without major disruptions, but support for BIP-110 was minimal.
AS1 News
BTCThe divergence started at block 961,632 when some nodes refused to accept blocks that did not signal support for BIP-110. This proposal aimed to limit the storage of non-payment data, such as inscriptions. Miner support for BIP-110 was weak, with only 2.53% signaling for activation, well below the 55% threshold required for activation. This indicates that the network does not support the proposed rule change, and the alternative chain currently has little chance of development without broader miner backing.
The event highlights a network disagreement over protocol changes, resulting in a temporary chain split with limited support for the proposed BIP-110.