BIP-110 Minority Chain Lags Behind Main Chain by 18 Blocks

On Saturday at 7:56 p.m. EDT, Bitcoin's chain split into two versions, one following BIP-110 and another as the dominant chain. The BIP-110-aligned mining pool Roughnecks managed to mine blocks 961632 and 961633, but they lag behind the main chain by 18 blocks at block height 961651. The main chain's mining difficulty has increased to 127.48 trillion, making it even harder for Roughnecks' minority chain to catch up.

Roughnecks' 'wildcatting' on the BIP-110 breakaway chain is unlikely to gain significant traction without more hashrate joining the cause. Simple Mining, an Iowa-based hosting heavyweight, mined Bitcoin block 961634 on the dominant chain, indicating that Ocean-linked hashrate is not moving in lockstep with the BIP-110 minority fork.

BIP-110 supporters are reeling from the outcome, with some calling it a 'captured speculative asset' and others suggesting a change to the mining algorithm. Luke Dashjr, creator of Bitcoin Knots, warned users about double-spending attacks on X, urging them to upgrade ASAP to avoid accepting counterfeit bitcoins.