BIP-110 Minority Chain Roars Back to Life with Blake2b Consensus and 300 KB Blocks

After a 23-day stall, the BIP-110 minority chain has restarted and is now actively producing blocks. The restart occurred on Sept. 1, when blockchain developer Luke Dashjr finally implemented his long-held idea of reducing Bitcoin's block size to 300 KB.

The minority chain, which was created as a fork from the main Bitcoin chain at block height 961632, had previously struggled with low block production due to its difficulty setting inherited from the main chain. However, on Sept. 1, Silent Wave mined a block under new Blake2b consensus rules, reviving the stalled chain and allowing it to mine over 800 blocks since then.

The BIP-110 community has long advocated for a smaller block size, with Dashjr's original proposal dating back to 2017 in the form of a Bitcoin Improvement Proposal (BIP). Despite some criticism from Bitcoin supporters who view the minority chain as a 'sh**coin' and its forked cryptocurrency as lacking value, BIP-110 developers remain optimistic about their project.