Source: CoinDesk
“A new, minority chain created when BIP-110 supporters split from Bitcoin on Saturday has produced just two blocks roughly eight hours after going live, with no sign that any miner intends to keep it moving. … BIP-110, short for Bitcoin Improvement Proposal-110, is a move to stop people storing pictures, text and other non-financial data inside bitcoin transactions for a year. Supporters say the practice can clog the network with material that has nothing to do with payments and pushes up costs for people actually sending money. Opponents argue that anyone paying the transaction fee has bought the right to use the space however they like, and that miners and node operators should not be deciding which transactions count as legitimate. … Only 2.53% of blocks signaled for BIP-110 over the past two weeks, against the 55% needed to activate it without a split.” (08/09/26)