Currencies38970
Market Cap$ 2.74T-0.27%
24h Spot Volume$ 37.05B+58.6%
DominanceBTC57.79%+0.44%ETH10.87%-0.88%
ETH Gas0.13 Gwei
Cryptorank
/

Ripple CTO Emeritus: BIP-110 Vote Loss Doesn’t Justify New Chain


Ripple CTO Emeritus: BIP-110 Vote Loss Doesn’t Justify New Chain

Share:

AI Overview

On August 31 David Schwartz, Ripple's CTO emeritus, argued that supporters of Bitcoin's BIP-110 fork crossed from governance into an attack after rejecting a soft-fork result and continuing on a separate proof-of-work chain. His exchange with supporter loogart frames a governance dispute over whether creating a new chain after losing consensus is legitimate or a hostile chain-splitting attack, highlighting security and adoption risks for Bitcoin and the broader crypto and DeFi ecosystem.

Bearish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

David Schwartz, the Ripple CTO emeritus, argued on August 31 that supporters of Bitcoin’s BIP-110 fork crossed from governance into an attack after rejecting the soft-fork result and continuing on a separate proof-of-work chain.

His exchange with fork supporter loogart captures the dispute: whether losing a consensus fight justifies creating a new Bitcoin chain, or whether that move itself amounts to attacking the network.

Read the article at CryptoPotato

In This News

Coins

$ 78.90K

+0.01%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 78.90K

+0.01%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Strive Keeps Buying Bitcoin: Another 1,800 BTC Push Holdings Past 23K

Strive Keeps Buying Bitcoin: Another 1,800 BTC Push Holdings Past 23K

It's a crypto-accumulation day today, as Strive has joined Strategy and Bitmine.
Strategy Is Buying Bitcoin Again After 2-Month Pause: Here’s How Much

Strategy Is Buying Bitcoin Again After 2-Month Pause: Here’s How Much

The purchase came after Saylor's major hint yesterday on X.