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I think Luke Dashjr is smart but too rigid. He sees everything in black or white, without showing an open mind. In order for a currency to be sufficiently used, conditions of use mustn’t be too much restricted. 🚫

"Consensus in Bitcoin is not agreement. It's a wide range of self-interested actors (noderunners, miners, exchanges, devs) doing what they think is in their own best economic interests and happening to converge on the same chain. It's emergent, not decided. It can't be forced." Samson Mow.

Is Luke Dashjr preparing a new cryptocurrency? Following the failure (or "blocking") of BIP-110, Luke Dashjr and proponents of the proposal are actively preparing a hard fork with a proof-of-work (PoW) algorithm change, which would create a de facto new cryptocurrency separate from Bitcoin. Reminder on BIP-110: BIP-110 (also called RDTS or Reduced Data Temporary Softfork, derived from BIP-444) was a proposal for a temporary soft fork (about 1 year) aimed at strongly limiting arbitrary data in Bitcoin transactions (Ordinal registrations, BRC-20, Runes, large OP_RETURN, etc.). Luke Dashjr (maintainer of Bitcoin Knots, co-founder of Ocean Mining) contributed to the initial draft and was one of its main public advocates. On August 8-9, 2026, at the beginning of the mandatory reporting period (block ~961,632), the support of miners reached only ~2.53% (far from the 55% threshold). The BIP-110 nodes split into a minority chain that produced only two blocks before shutting down, while the main chain continued normally. What happens next: Proponents (including Dashjr, Dathon Ohm, and developers linked to Bitcoin Knots) refuse to consider this a failure. Luke Dashjr claims that "BIP110 is Bitcoin." So they are preparing a PoW (hard fork) change to "fire the miners" and restart their chain: 1. Quasi-random selection process (via a block of Testnet4 on August 11, 2026) to prevent existing miners from preparing. 2. PoW algorithm: BLAKE2b-256. 3. Dashjr works on block header and PoW changes himself. 4. The announced goal: around September 1, 2026 (the date on which BIP-110 should have been activated), after writing, reviewing and testing the code. In the meantime, SHA-256 continues on their line. Such a change in PoW makes the chain incompatible with the current mining hardware (SHA-256 ASICs) and with the main chain. From the perspective of the majority of the Bitcoin network, this creates a new altcoin (similar to Bitcoin Gold or other forks), with possibly an airdrop for BTC holders. Critics (Adam Back, etc.) explicitly describe it as such. Dashjr also took a (sabbatical) leave of absence from his duties as Chairman/CTO of Ocean to focus on "Bitcoin and open-source projects" (according to his vision), and he was removed from his role as BIP editor. In summary: Luke Dashjr is preparing (along with others) what would technically be a new cryptocurrency via a PoW hard fork of the minority BIP-110 chain. From his point of view, this is the "real" continuation of Bitcoin; of the rest of the network, it is a fork/altcoin. The situation is evolving rapidly (early August 2026).

BIP-110 Lost. Bitcoin Worked. Many lessons learnt. https://www.simondixon.com/blog/bip-110-lost-bitcoin-worked-here-is-what-i-learned-simon-dixon

"The internet interprets censorship as damage and routes around it" -John Gilmore

Meet the Forkers

In the wake of the #Coldcard crash, I've spread my #Bitcoin stack across 3 hardware wallets and 4 platforms. Be careful and don't put all your eggs in one basket.

GM. Grocery store drapery haberdashery Corrézienne, France 🇫🇷

Saylor selling bitcoins under their average buy price is a gift for all the Bitcoiners.