BIP-110 Forked Chain Trails Bitcoin by 326 Blocks, Difficulty Adjustment Delayed Over Six Years

The BIP-110 forked chain is 326 blocks behind Bitcoin's mainnet with only 2 blocks produced. Miners lack incentives due to inherited high difficulty and zero token value, delaying difficulty adjustment for over six years.

Woofun AI reports that the BIP-110 proposal triggered a chain split on Saturday, resulting in a forked chain that has produced only two blocks before stalling. The chain currently lags 326 blocks behind Bitcoin's mainnet because miners lack incentives to support it, given the inherited high mining difficulty and the absence of market value for its tokens.

The forked chain must generate 2,016 blocks before its mining difficulty can be reduced, a process estimated to take more than six years. Some observers maintain that it is premature to declare the attempt a failure.