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A live chain split is in focus for $BTC after backers of BIP-110, the proposal that would restrict non-financial data on the Bitcoin network for one year, broke off onto a minority fork while the main chain continued to extend its lead.
The fracture brings the long-running block space argument into its sharpest form yet. What matters next is whether the minority chain accumulates enough hash power to hold, or collapses back as an abandoned fork.
The proposal behind the split BIP-110 is a temporary measure, scoped to one year, that would constrain how much non-financial data can be written into Bitcoin's block space.
Bitcoin Improvement Proposals take effect only when miners and nodes running the network adopt them.
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