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BIP-110 Supporter Revolt: New Currency to Launch in September

Guavy AI Editorial Team
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The proposal known as BIP-110 has come to an end after just two blocks were added, but its supporters are not giving up. They plan to launch a new currency by changing the mining algorithm before September 1, rendering all Bitcoin mining hardware obsolete at once.

This move is seen as a drastic measure in response to what they perceive as the failure of the proposal. The supporters claim that history has already judged Bitcoin Cash, which split off from Bitcoin in 2017 with broader support, yet today it is worth only 0.3% of Bitcoin's price.

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