Adam Back Warns of Bitcoin Fork Risk Over New Proposal: ‘Fork Off and Find Out’

BTC

BTC/USDT

$79,711.79

+0.38%

$79,711.79

+0.38%

(24s)

24h Volume

$11,416,065,494.40

24h H/L

$79,877.07 / $78,660.00

Change: $1,217.07 (1.55%)

Long/Short

52.9%

Long: 52.9%Short: 47.1%

Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,682.25

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,810.13

Price$79,682.25

Support 1$79,635.96

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

BeInCrypto Editorial

(03:31 PM UTC)

1 min read

Updated bySarah Chen

0 comments

Blockstream CEO Adam Back dismissed BIP-110 on June 8, calling it technically flawed. He warned that forcing its activation could split Bitcoin into a minority fork.

Back’s remarks came as BIP-110 momentum reached a flashpoint in early June. The proposal would restrict non-monetary data in Bitcoin transactions through a user-activated soft fork (UASF), bypassing miner consensus.