Search results for Bitcoin Knots
Crypto
Bitcoin BIP-110 fork row flares; Ripple ex-CTO says premise is wrong
David Schwartz (데이비드 슈워츠), a former chief technology officer of Ripple, criticised the logic behind a split-chain push by supporters of Bitcoin’s BIP-110. He argued that the phrase “fixing the legacy chain” rests on a flawed premise. The exchange followed a debate over a planned hard fork that would switch the proof-of-work algorithm from SHA-256d to BLAKE2b. Broader ecosystem support for the new chain remains unconfirmed.
Crypto
David Schwartz rejects Bitcoin Knots attack claim, says it misleads investors
Ripple veteran developer and XRP Ledger designer David Schwartz criticised Bitcoin Knots for describing a recent chain split as an attack on the Bitcoin network after a failed attempt to activate BIP-110. Some nodes that enforced the proposal continued applying its rules and split from the main Bitcoin chain backed by most miners. The minority chain lagged far behind in block height and saw block times stretch to hours, while the main chain continued normally.
Crypto
Michael Saylor says Bitcoin consensus rules are like a constitution, targets BIP-110
Michael Saylor, chairman of Strategy, compared Bitcoin’s consensus rules to a constitution and argued that attempts to rewrite them infringe users’ economic rights. His comments escalate opposition to Bitcoin Improvement Proposal BIP-110, a temporary soft fork that would limit insertion of non-financial data such as Ordinals inscriptions for about a year. Saylor also grouped covenant and block size expansion proposals in the same category. Critics said the proposals differ and should not be lumped together.