Key facts
- A potential Bitcoin fork linked to BIP-110 could result in holders losing actual Bitcoin.
- Selling coins from the forked chain may trigger a replay attack, spending BTC on the main chain.
- The fork is expected to occur around block 961,632, potentially this weekend.
- Replay protection is not active until block 965,664, anticipated in early September.
- Developers advise against moving coins until replay protection is in place to prevent losses.
Bitcoin holders face the risk of losing their actual BTC if they attempt to sell coins originating from a potential fork tied to the BIP-110 proposal. This fork, expected around block 961,632 in the coming days, could create duplicate balances on two separate chains. If a holder sells the new coins, a buyer could exploit the lack of replay protection to also spend the seller's original bitcoin on the main chain.
