Ripple CTO Emeritus Slams BIP-110 Supporter Over Bitcoin Legacy Chain Claim

2 hour ago 3 sources neutral

Key takeaways:

  • BLAKE2b fork's lack of exchange support signals negligible threat to Bitcoin's dominance.
  • Failed governance campaigns may reinforce Bitcoin's resilience against hard fork challenges.
  • Traders should treat fork hype as noise until major infrastructure embraces changes.

Ripple CTO emeritus David Schwartz sharply criticized a BIP-110 supporter who described Bitcoin’s dominant blockchain as a legacy network in need of correction through alternative governance rules. The dispute began when an X user characterized the upcoming BLAKE2b fork as a Bitcoin attack similar to Bitcoin Cash and Bitcoin SV. Loogart, a BIP-110 supporter, rejected that comparison and argued that open dialogue, soft forks, and hard forks remain legitimate choices because nobody must support any alternative blockchain.

Schwartz replied “Listen to yourself,” highlighting the assumption behind presenting Bitcoin’s established chain as technically broken or improperly governed. According to Schwartz, BIP-110 supporters shifted from governance participation toward attack when they rejected the outcome of their campaign entirely.

BLAKE2b replaces Bitcoin’s SHA-256d mining algorithm with BLAKE2b and seeks to operate independently from miners securing the dominant network. Developer Luke Dashjr backs the project, which is scheduled to launch on September 1 under the alternative proof-of-work system. However, no major cryptocurrency exchange, wallet provider, or Lightning implementation has committed support before launch, creating obstacles involving liquidity, accessibility, mining security, block production, user participation, and commercial adoption.

The project follows an earlier BIP-110 minority chain that attempted to restrict non-financial data within Bitcoin blocks, targeting inscriptions, Ordinals, BRC-20 tokens, Runes, and arbitrary payloads. That minority fork mined only two blocks across eight hours before insufficient participation stalled operations and exposed infrastructure support weaknesses.

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