Bitcoin BLAKE2b Proposes Requiring Miners to Wait 45 Days Before Accessing Newly Mined BTCB2, Token Down 84% From Peak
Odaily News: Bitcoin fork project Bitcoin BLAKE2b developers plan to restrict miners from unlocking newly mined tokens, with a waiting period set at 45 days. The related change is proposed to be executed at block height 973440. The chain forked from Bitcoin on August 8.
Its native token BTCB2 is also labeled by some trading platforms as Bitcoin BLAKE2b, Bitcoin BIP-110, or XBT. BTCB2 has fallen 84% from its September high of $1,799, trading at approximately $270 to $315 in recent hours.
Developer Luke Dashjr stated that some BLAKE2b mining pools are "attacking" the network. After forking, the chain inherited Bitcoin's difficulty, mining only about 8 blocks in the first 22 days, before resuming operation by enabling BLAKE2b hashing and adjusting difficulty.
Currently, the chain is not listed by most trading platforms or CoinGecko and CoinMarketCap. Trading platform Neoxa has stated it supports the upcoming soft fork. (Bitcoin.com News)
