Bitcoin developers prepare contingency plan for BIP-110

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Bitcoin breaking news: Bitcoin developers are preparing a contingency plan for BIP-110. Chris Guida has updated Luke Dashjr’s 2017 proof-of-work code for Bitcoin Knots as a fallback in case miners fail to support the soft fork. The plan aims to ensure miner accountability to node operators. Luke Dashjr hopes it won’t be needed but emphasizes the importance of being prepared. Bitcoin news reports that supporters such as Mechanic endorse the approach as a necessary precaution.

Odaily Planet Daily reports that Bitcoin News posted on X that Bitcoin developer Chris Guida has re-adapted Luke Dashjr’s 2017 proof-of-work modification code to the latest version of Bitcoin Knots, as an emergency fallback for miners who refuse to signal support for BIP-110. This proposal serves as a last-resort option to replace the existing mining network if major mining pools are deemed to oppose the BIP-110 soft fork. Luke Dashjr expressed his hope that the solution will not be needed, “but it’s probably best to prepare in advance, just in case.” Supporters such as Mechanic have endorsed preparing the code ahead of time, noting that the threat of a proof-of-work change helps ensure miners remain accountable to node operators rather than dictating Bitcoin’s rules.

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