BIP-110 Fork Resumes After Switching to Blake2b Algorithm
- The BIP-110 minority chain restarted after a split from the Bitcoin blockchain, switching its consensus algorithm from SHA-256d to Blake2b.
- Over 800 blocks have been mined on the minority chain since its revival, with block production resuming at height 961640.
- Luke Dashjr’s fork reduced block size to just 300 kB, a long-standing goal of his.
- The forked cryptocurrency is not listed on major centralized exchanges and lacks support from key market aggregators.
- New software for BIP-110 is anticipated on September 1, as supporters hope for increased value and adoption.
The BIP-110 minority chain has resumed activity after a switch to Blake2b, overcoming initial mining difficulties post-split from Bitcoin’s main chain. Despite achieving over 800 mined blocks, it remains absent from major exchanges, raising questions about its future viability and value.
While the chain has achieved technical milestones like reducing block size to Luke Dashjr’s desired limit, its absence from centralized platforms may hinder broader recognition and adoption. (Source)
