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via BeInCrypto · By BeInCrypto Editorial

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

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+0.03%
24h Volume

$2,295,953,934.09

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
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Longs pay

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Bitcoin
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Volume (24h): -

Resistance Levels
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Resistance 2$63,882.30
Resistance 1$63,118.50
Price$63,064.11
Support 1$62,882.63
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.0
BE
BeInCrypto Editorial
(03:31 PM UTC)
1 min read
SC
Updated bySarah Chen

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.

Back Rejects…

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BeInCrypto Editorial · BeInCrypto

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