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Bitcoin has undergone another fork, and the fork chain supporting BIP-110 is currently 18 blocks behind the mainnet.

1 days ago

The Bitcoin network has experienced a fork stemming from the BIP-110 proposal. Nodes supporting the proposal rejected blocks lacking a support signal at block height 961,632. As of now, the Bitcoin main chain has advanced to block 961,651, while the BIP-110 fork chain has only reached block 961,633, trailing the main chain by 18 blocks. BIP-110 is a one-year rule adjustment proposal aimed at restricting the writing of non-financial data in Bitcoin transactions, including uses such as Ordinals inscriptions. The proposal requires at least 1,109 blocks (55%) to send support signals within a cycle of 2,016 blocks (roughly two weeks) to activate, but only 51 blocks supported it in the previous cycle, accounting for just 2.53%. Currently, the BIP-110 chain still needs more miner support to continue advancing. Per the rules, the chain must reach block 963,648 to lock in the regulations, and will officially implement the restrictions starting from block 965,664, which will remain in effect for approximately one year. Earlier reports noted that Bitcoin developer Kevin Loaec warned that if the Bitcoin fork tied to the controversial BIP-110 proposal occurs this weekend, holders may face the risk of their actual BTC being transferred when selling fork chain tokens.

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