RabbitVectorStory
New Bitcoin fork BIP-110 launched, produced two blocks, then went silent
No clear lean
A minor, unsupported fork failing doesn't change anything for mainstream Bitcoin
What happened
A group tried to launch a modified version of Bitcoin (called a 'fork') under the proposal name BIP-110. It managed to create two new blocks of transactions, then the whole thing stopped, meaning almost nobody kept mining or supporting it.
Why it matters
This doesn't affect the actual Bitcoin network you know and use — it's a separate, competing chain that appears to have fizzled out almost immediately due to lack of support.
Should I do anything?
No action needed. If you hold regular Bitcoin, this doesn't touch your coins or the main network at all — just be cautious of any site or app asking you to 'claim free coins' related to this fork, as that's a common scam pattern.
Terms used
- fork
- When someone copies a blockchain's code and rules to start a separate, competing version of it
- BIP
- Bitcoin Improvement Proposal — a formal suggestion for changing how Bitcoin works
- block
- A batch of transactions bundled together and added to the blockchain
- mining
- The computing work that creates new blocks and secures the network