Bitcoin Knots proposes new mining algorithm change
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- Bitcoin Knots developers discussed a new proof-of-work algorithm proposal.
- The proposal followed the failed enforcement of BIP-110.
- Developers are debating possible changes to Bitcoin mining and network rules.
Bitcoin Knots developers discussed a proposal for a new proof-of-work algorithm after BIP-110 enforcement failed.
The proposal would change how mining works on the Bitcoin network if adopted.
Developers are debating possible technical changes and their effect on miners and network security.
The proposal has not been adopted and remains part of an ongoing technical discussion.
Bitcoin Knots is an alternative Bitcoin software implementation used by some node operators.
Changes to Bitcoin’s proof-of-work system would require broad support across the network.
Bitcoin (CRYPTO:BTC) continues operating normally while developers discuss the proposal and other network changes.
