BIP-110 was supported by only 2.5% of miners and failed, and a few chains stalled after a fork at block height 961632

source··10:41 编辑

According to Twitter, BIP-110 was only supported by about 2.5% of miner computing power when the activation period reached, and could not be activated. The node implementing the proposal forked from the main network at block height 961632, and a few chains then stopped producing blocks.

Bitcoin Mechanic, a supporter of BIP-110, said in his personal capacity that the results proved that Bitcoin had experienced “protocol capture,” with large mining pool operators influencing consensus rules and weakening node sovereignty through coordination. Since a few chains only get less than 3% of the entire network's computing power, their inherited mining difficulty has caused block production to stagnate. Some supporters are considering replacing the PoW algorithm through a hard fork, and Bitcoin Mechanic said it will wait for the Bitcoin Knots update to resume operation.

Cysic founder and CEO Leo Fan said that the difficulty adjustment mechanism protects the main chain, and the mandatory activation design of BIP-110 is the main problem. The anonymous owner of 1win pointed out that the proposal received only 2.53% support, which is below the 55% activation threshold, and the main chain is still running continuously.

Original Link
#链上动态
说明: All Bitpush articles reflect the author's views only and do not constitute investment advice.

Related

Loading...