Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Ripple’s David Schwartz calls breakaway Bitcoin fork an attack after BIP-110 split

Ripple’s David Schwartz calls breakaway Bitcoin fork an attack after BIP-110 split

CointurkCointurk2026/09/03 21:42
By:Cointurk

Ripple CTO emeritus David Schwartz has sharply criticized recent efforts to launch a forked version of Bitcoin, labeling the initiative less a policy dispute than an attack under the guise of reform. Schwartz’s remarks, posted on August 31 in response to community discussions, highlight growing tensions within the Bitcoin ecosystem as competing visions for the network’s future surface.

Bitcoin Community Split Over BIP-110

The debate centers on BIP-110, a controversial proposal originally intended as a user-activated soft fork designed to restrict non-financial data on the Bitcoin blockchain. This approach failed to secure significant support from miners, with the overwhelming majority of hash power continuing to back the existing SHA-256d-based network. Only a handful of blocks were mined by the dissenting group.

After it became clear they could not implement the soft fork, BIP-110 advocates pursued a hard fork. The proposed fork would swap Bitcoin’s SHA-256d hashing algorithm for BLAKE2b, introduce a new block header structure, and establish temporary block size limits. Organizers aimed to launch this chain at block 961,640, effectively repositioning it as an alternative continuation of Bitcoin.

In a key exchange, BIP-110 supporter loogart acknowledged the split by stating the group would “continue Bitcoin elsewhere,” insisting that the move reflected open dialogue rather than an act of aggression. Schwartz, however, questioned the language used, focusing on the assertion that the breakaway faction was seeking to “fix the legacy chain.”

ETH
SOL
BSC
ROBINHOOD
PAY
USDT
↓
RECEIVE
AAPL

Schwartz argued that redefining Bitcoin’s main chain as “legacy” moves the debate beyond good faith policy disagreements, positioning it as an outright attack rather than a legitimate upgrade.

He further emphasized that introducing terminology which frames the original network as defective undermines the foundational processes by which Bitcoin governance decisions are made.

Technical and Economic Realities of the Fork

By adopting the BLAKE2b proof-of-work algorithm, the would-be fork ensures that current Bitcoin ASIC miners cannot seamlessly join the new chain. This significant technical divergence is intended to distinguish the fork as a new cryptocurrency rather than a straightforward network upgrade adopted by consensus.

As of the planned launch, no major crypto exchanges, wallet providers, or Lightning Network services had confirmed support for the forked chain. SHA-256d Bitcoin retains overwhelming hashrate, liquidity, and institutional backing.

Chain Hash Algorithm Exchange Support Liquidity
Bitcoin (original) SHA-256d Major exchanges High
BIP-110 Fork BLAKE2b None (pre-launch) Low

Schwartz’s position echoes past disputes, including the forks that led to Bitcoin Cash and Bitcoin SV. In both instances, splinter groups claimed to preserve Bitcoin’s original vision, but the broader market continued to recognize SHA-256d-based Bitcoin as the legitimate network.

He stressed that initiating a hard fork after losing a soft-fork consensus vote, while labeling the original chain as broken, does not constitute responsible governance. Instead, Schwartz characterized this approach as a refusal to accept established rules and outcomes.

Ripple is a San Francisco-based blockchain company best known for its digital payment protocol and the XRP token. David Schwartz, as CTO emeritus, remains a prominent voice in blockchain debates and Bitcoin’s wider governance discussions.

Mini dictionary: BLAKE2b, a cryptographic hash function, is regarded for its speed and security, but is not compatible with existing Bitcoin mining equipment designed for SHA-256d. Thus, the adoption of BLAKE2b in a Bitcoin fork effectively divides the mining community and reduces the likelihood of continued support from incumbent miners.

Schwartz has clarified that while forking is permissible, branding the main chain as obsolete or broken after losing consensus is a form of refusal to acknowledge democratic process within decentralized networks.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Meta (META.US) surged 36% in September: Muse validates AI strategy, market cap targets $2 trillion

Meta's stock is on track to achieve its best monthly performance since July 2013, and is only about a 1% increase away from joining the $2 trillion market cap club.

智通财经•2026/09/25 02:36

Up 36% in September! Meta achieves its best monthly performance since 2013, with market value approaching $2 trillion

Since September, Meta's stock price has rebounded significantly. The rapid rise of Muse has reignited market expectations for its AI commercialization. Muse reached 902,000 downloads within six days of launch and is quickly expanding into shopping, travel, and other scenarios. The market is beginning to bet that AI agents could unlock new growth opportunities beyond advertising. However, security and privacy risks, as well as high computing power costs, remain key factors in realizing these expectations.

华尔街见闻•2026/09/25 02:06