Bitcoin Governance Conflict Escalates as BIP-110 Proposal Moves to Hard Fork
A governance conflict in the Bitcoin network has escalated as the BIP-110 proposal moves from a soft fork to a hard fork. The proposal, led by core developer Luke Dashjr, aims to change the proof-of-work algorithm on the BIP-110 chain.
However, despite entering its enforced lock-in window, the BIP-110 chain has only mined two blocks and lags more than 200 blocks behind the main chain. According to the longest chain rule of Bitcoin, the BIP-110 chain has not become the longest-chain consensus, and the network will not unify under the new BIP-110 rules.
Luke Dashjr and his supporters refuse to accept defeat, citing community support for the proposal. However, data shows that only 15.07% of Bitcoin nodes across the network are willing to run BIP-110, with many questioning whether this constitutes majority support.