BIP-110 FAILED โ€” Now a NEW Bitcoin Fork Could Ditch SHA-256?!

BIP-110 FAILED โ€” Now a NEW Bitcoin Fork Could Ditch SHA-256?!

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Full BIP-110 Article + Sources:

BIP-110 Is Closed โ€” Now Supporters Are Planning a New Bitcoin Proof-of-Work Fork

Official BIP-110 Website:
https://bip110.org/

Bitcoin BIP-110 Specification:
https://github.com/bitcoin/bips/blob/master/bip-0110.mediawiki

Rabid Mining:

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BIP-110โ€™s first Bitcoin chain split failed after its minority branch produced only two post-split blocks and stalled. The original proposal is now closed, but supporters are discussing something much bigger: a separate Bitcoin-derived hard fork using a different proof-of-work algorithm.

That could mean abandoning SHA-256 on the new branch, resetting difficulty and creating a network that todayโ€™s Bitcoin SHA-256 ASICs could not directly mine.

In this video I break down why the BIP-110 branch stalled, why a hard fork is now being discussed, the possible three-chain scenario, OCEAN and Start9 changes, and the new algorithm-selection attempt. Blake2b initially appeared during the selection process, but the result was disputed and remains unconfirmed. SHA3X and other algorithms have also been discussed.

There is still NO confirmed final mining algorithm, NO finished public hard-fork client, and September 1 is NOT being treated here as a confirmed launch date.

For miners, the big questions are which algorithm wins, what hardware can mine it, where the fork happens, how difficulty is reset, which pools support it and whether exchanges treat it as Bitcoin, another coin, or ignore it.

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BIP-110 Bitcoin fork
New Bitcoin mining algorithm
Bitcoin hard fork
SHA-256 mining
BIP-110 chain split
Bitcoin mining difficulty
OCEAN Mining
Bitcoin proof of work
Bitcoin mining pools
Bitcoin governance

#Bitcoin #BIP110 #BitcoinMining #CryptoMining #SHA256

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This is a developing story. The final proof-of-work algorithm, software and launch date remain unconfirmed.

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โฑ๏ธ CHAPTERS
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

0:00 BIP-110 Is Back โ€” But Different
1:24 Minority Chain Stalls After 2 Blocks
2:57 How the First BIP-110 Split Failed
4:54 Original BIP-110 Officially Closed
7:14 Bitcoin Main Chain Wins
9:07 Why the Minority Chain Stalled
11:37 Why Supporters Want a Hard Fork
12:19 OCEAN Separates Mining Choices
13:13 Start9 Removes RDTS
13:36 Replacing SHA-256 Changes Everything
14:07 Possible Three-Chain Split?
15:00 New Algorithm Selection Begins
16:01 Blake2b Result Gets Messy
17:17 Algorithms Being Considered
18:53 Would This Be a New Coin?
23:19 Bitcoin Governance Fallout
24:58 Is September 1 the Fork Date?
26:14 No Finished Hard-Fork Client
27:22 What Miners Need to Watch
29:30 Final Thoughts