Bitcoin Hard Fork Falls Flat as Miners Ignore New Chain
A Bitcoin hard fork went live on September 1, but it barely made a ripple in the crypto market. Luke Dashjr's proposal to strip non-financial data from Bitcoin blocks was met with indifference by miners, exchanges, and traders.
The new BLAKE2b chain drew little hashrate, while Blockstream CEO Adam Back quipped that 'live by the fork, die by the fork.'
Dashjr's camp calls the main network Spamcoin, but most of the community treated the September 1 chain split as a non-event.