Bitcoin Split Stalls as Miner Boycott Halts BIP-110 Chain

Bitcoin's recent split into two competing chains has stalled due to a silent miner boycott. The BIP-110-enforced chain, which emerged after miners with-held hash power from it, is now trailing behind by 18 blocks as of press time.

The development highlights growing internal discord within the Bitcoin ecosystem over governance and consensus mechanisms. Miners' resistance to the proposed protocol changes has raised questions about the stability and future direction of the network.

In related news, the CLARITY Act is advancing through committee stages in Washington and may reach a critical Senate vote on September 15. The legislation aims to establish clearer regulatory frameworks for digital assets.