Bitcoin Knots Plans New Proof-of-Work Algorithm After BIP-110 Enforcement Fails
Share:
On August 11, Bitcoin Knots said it will adopt a new proof-of-work algorithm for the stalled BIP-110 chain after a minority fork produced only two blocks, signaling fork failure and instability. The move escalates a governance confrontation over Bitcoin's block policy and highlights crypto network risk while the main Bitcoin network continues producing blocks normally.
Predictions Markets
See what traders are focused on
Bitcoin Knots said on August 11 that it plans to choose a new proof-of-work algorithm for the stalled BIP-110 chain after the minority fork produced only two blocks.
The move sets up another confrontation over Bitcoin’s block policy, while the main network continues producing blocks normally.
In This News
Coins
$ 64.11K
-0.63%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 64.11K
-0.63%Predictions Markets
See what traders are focused on
Share:
Read More
Only 90 Bitcoin Wallets Hold 10K+ BTC: And That Number Just Hit a 6-Month High
