Controversial Bitcoin fork BIP-110 mines two blocks, then stops
60-second summary
A Bitcoin fork, BIP-110, has successfully mined two blocks before halting, resulting in a breakaway chain with a significantly reduced share of hashpower, approximately 0.01%. This has led to blocks being mined hours apart, while both chains still accept the same transactions, highlighting the challenges of maintaining a viable alternative to the main Bitcoin chain.
The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still accept the same transactions.