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BIP-110 soft fork is nearing activation, miners and exchanges need to pay attention to chain fork risks

According to Bitcoin Magazine, the BIP-110 soft fork is about to enter a critical activation phase. The proposal will enter the mandatory signaling phase around August 9, corresponding to block height 961,632, and is expected to lock in at block 963,648 by the end of August, with new transaction rules activated at block 965,664 in early September. BIP-110 adopts a 55% signaling threshold, and its restrictions will be enforced for 52,416 blocks (approximately one year).BIP-110 mainly restricts transaction features such as large data pushes, oversized output scripts, undefined witness versions, and Taproot annexes, but exempts UTXOs created before activation, maintaining compatibility for standard currency use. Analysis indicates that most businesses do not need to take action—businesses that act as value storage or process transactions through third-party payment providers are essentially unaffected. Businesses running their own full nodes can choose whether to switch to BIP-110 nodes. The core risk to be aware of is chain forking. If a fork occurs, miners should choose the branch expected to prevail or pause and wait; exchanges and custodians should increase confirmation requirements, monitor dual chains, and delay final settlements to prevent double spending and false confirmation risks. If there is no fork, no special actions are required.

Cardano completes the first fully on-chain governance hard fork in network history

On July 18, 2026, at 21:44:51 UTC, Cardano activated the Van Rossem hard fork, upgrading the network to protocol version 11, with no reported downtime. This upgrade is part of the changes within the Conway ledger era, aimed at reducing the operating costs of Plutus smart contracts, enhancing ledger security, and introducing new cryptographic tools.Van Rossem includes 5 Cardano Improvement Proposals, involving BLS12-381 multi-scalar multiplication, on-chain array types, optimization of multi-asset value processing, acceleration of list operations, and built-in modular exponentiation. Staking pools are now prohibited from reusing the same verifiable random function key across the entire network; each pool must hold a unique key bound to its identity.This upgrade was completed through the Cardano on-chain governance process, with the proposal to activation advanced by on-chain voting. Delegated representatives passed the proposal with a support rate of 77.63%, while the support rate among staking pool operators was 52.7%, and the constitutional committee's voting result was 6-0-0-1. Wallets holding between 100,000 and 100 million ADA saw their total balance rise to the highest level since 2023, currently controlling over a quarter of the circulating supply of ADA. Cardano will subsequently advance Ouroboros Leios and plans to achieve a target of over 1,000 transactions per second during the testing period in 2026.
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