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Major Bitcoin Split Attempt: That Chain Left Helpless After 99.85% of Hash Power Makes Its Decision

The Bitcoin network overwhelmingly supported the main chain against the BIP-110 fork attempt, retaining 99.85% of its hash power and cementing the failure of the initiative.

One of the most talked-about topics in the Bitcoin (BTC) ecosystem in recent days, the BIP-110 fork attempt, has come to nothing as the vast majority of network participants remained on the main chain. MicroStrategy founder Michael Saylor shared on-chain data, demonstrating how the Bitcoin network resisted this split attempt. According to the data shared by Saylor, the vast majority of miners continued to support the existing protocol.

Hash power data, which represents the total processing power of the network, shows that BIP-110 supporters remained extremely limited. While the main chain held 99.85% of the total power, the minority chain that split off via the fork was only able to capture a 0.15% share. This resulted in the minority chain producing only 2 blocks and falling 80 blocks behind the main chain.

Bitcoin Network Security and Consensus Mechanism

In light of current data, it appears technically improbable for the BIP-110 chain to survive. Saylor noted that at current speeds, it could take approximately 25 years for this new chain to reach its first difficulty adjustment, where it would automatically update the mining difficulty on the network. This proves how robust the Bitcoin network’s consensus mechanism is and how changes not accepted by the community fail to create a lasting impact on the network.

This attempt, which aimed to restrict the inclusion of non-financial data in Bitcoin transactions, was rejected by the network’s security and user base.

What Does the BIP-110 Outcome Mean for Investors?

This outcome reaffirms the stability and security of the network once again for Bitcoin investors. For investors, this is a positive signal showing how shielded Bitcoin’s decentralized structure is against external interference and split efforts. The fact that the network did not split and miners remained on the main chain shows that the asset continues to protect its value proposition and technical integrity.

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