Crypto
BIP-110 Chain Stalls, Considers PoW Algorithm Change
The minority Bitcoin chain, BIP-110, has stalled after mining only two blocks due to inheriting Bitcoin's massive mining difficulty but lacking sufficient hashpower.
Supporters of the chain, including developer Luke Dashjr, are considering changing the chain's proof-of-work (PoW) algorithm to escape reliance on Bitcoin's SHA-256d miners and revive block production.
The debate includes choosing a new PoW algorithm that avoids dominance by existing ASIC miners while maintaining network security.