BIP-110 Fork Produces Only 4 Blocks in 7 Days, Plans Blake2b Switch

The BIP-110 Bitcoin fork chain mined just 4 blocks over a week, with over 400,000 pending transactions. Planners aim to switch to Blake2b hashing in September.

Woofun AI reports that the BIP-110 fork chain detached from the Bitcoin mainnet on August 8 at block height 961632. Over the subsequent seven days, the Roughnecks mining pool secured only four blocks, leaving the on-chain progress at 961635. Proponents intend to transition the proof-of-work hash function from SHA-256 to Blake2b as early as September, necessitating updates to block header validation, mining pools, wallets, browsers, and indexing tools. The forked currency currently lacks support from any trading platforms and therefore has no market price. More than 400,000 transactions remain unconfirmed, many of which were initiated unintentionally by users due to the absence of replay protection. Tokens mined by Roughnecks require 100 confirmations before they become usable.