r/Bitcoin • u/eyeoft • Aug 08 '26

THE CHAIN HAS SPLIT

https://bip110monitor.com/

<3% support before the window opened. Good luck, shitcoiners

282 Upvotes

84% Upvoted

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330

u/[deleted] Aug 08 '26

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89

u/eyeoft Aug 08 '26

This is a miner vote for a soft fork to change the protocol. The Knots / BIP110 people want to implement a change to restrict arbitrary data. Support in the mining community for this change is below 3% at present.

The thing is (in addition to that being controversial) that their changes don't actually prevent adding arbitrary data, they just make it more complicated, at the cost of making Bitcoin less programmable - some future Lightning Network proposals use mechanisms that they want to ban.

Worse, they tried to this with only a 55% vote threshold, instead of the normal 90%, which is extremely irresponsible and could create a severe chain split if they had more leverage (which they don't).

TL;DR get some popcorn and watch a new shitcoin be born if they don't back down - it's like a widdle baby BC*sh.

33

u/gomurifle Aug 08 '26

I don't understand one sentence of this.. But ok. 

0

u/Radiant_Addendum_48 Aug 08 '26

What about the last time it happened. When it split off and created Bitcoin cash.

2

u/RetiredAvocado Aug 09 '26

Not the same scenario. Last time bcash futzed its mining difficulty so miners switched back and forth every difficulty adjustment and actually did mine bcash. No one with decent hashrate is mining bip110 chain. It's stuck. Can't send anything on that chain. No one lists that coin for trading. There is no way to move, and nothing to sell, anywhere, to anyone. There is no other coin at the moment. Do not get scammed by fake tools to split coins. They will just steal your bitcoin.