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This bitcoin miner rejected BIP-110 despite mining through a pool that supported it

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Bitcoin miner rejects BIP-110 despite mining through a pool that supported it. (Winston Chen/Unsplash)

A bitcoin miner chose not to back BIP-110 on Sunday, using a tool from its own mining pool that let it decide what went into the block rather than leaving that to the pool.

Key facts

Summary

A miner using the Ocean pool’s DATUM protocol declined to signal support for the controversial BIP-110 fork and instead mined block 961,634 on bitcoin’s main chain. Simple Mining’s decision underscored that BIP-110 had only about 2.6% of hashrate support, far short of the 55% threshold it sought to restrict non-financial data in transactions for a year. After BIP-110 nodes began rejecting non-signaling blocks at height 961,632, the forked chain produced two blocks before stalling, while the main bitcoin chain advanced more than 200 blocks ahead. Simple Mining said it produced block 961,634 on the main chain, two blocks past the point where BIP-110 supporters broke away.

Read full article at CoinDesk →