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The BIP-110 Bitcoin fork fiasco has basically failed so far.
Miners supporting BIP-110, not recognizing the main chain rules, chose to fork out on their own. Roughnecks managed to mine two blocks on the new chain but then stopped producing blocks and announced a mining pause. The reason is simple: the hash power supporting it is only a tiny fraction, insufficient to maintain a competitive new chain.
So this is not a "split of the Bitcoin mainnet"; on the contrary, the $BTC main chain has been running normally. BIP-110 was just a minority choosing to leave, and eventually found almost no one willing to follow.
This incident actually validates the simplest and most straightforward aspect of Bitcoin consensus: you can propose new rules and fork yourself, but ultimately miners, nodes, and the market will vote with real money.
In this stress test, the BTC main chain won.
#BTCETHETFInflowsReturn #SpaceXShortCovering #OKXTraderVoices
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