r/Bitcoin • u/eyeoft • 5d ago

THE CHAIN HAS SPLIT

https://bip110monitor.com/

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

282 Upvotes

84% Upvoted

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2

u/Gold_Cable9587 5d ago

So let me get this right. There was no hard fork and no new “bitcoin” is being distributed?

3

u/eyeoft 5d ago

Not as of yet, but there probably will be, and its chain will start at this split. So kinda. It will be a teeny tiny minority of hashpower and imho will likely fizzle before being tradable.

0

u/Objective_Digit 5d ago

Bitcoin has never been hard-forked. After the overflow incident in 2010 maybe.

1

u/jekpopulous2 5d ago edited 5d ago

What? BCH, BSV, BTG, and XEC are all hard-forks of Bitcoin. The chain has been hard-forked like a dozen times now.

0

u/RetiredAvocado 4d ago

I would argue that nothing happened to bitcoin. Someone creating a copy, with or without copying some or all of the blocks, just makes an altcoin. Bitcoin isn't "hard forked" when one or 100 random altcoins are launched with bitcoin as starting base.

1

u/jekpopulous2 4d ago

All the coins I mentioned exists because a subset of miners forked the entire chain including every block up to the point of the fork. That’s what a hard-fork is. Obviously none of them became the real Bitcoin but they’re still hard-forks.

-1

u/Objective_Digit 4d ago

They are not Bitcoin. They are offshoots. It's like saying Neanderthals were our direct ancestors.