Ledger just issued a red alert: the “free BTC” on this forked chain—touch it and you’re done
Did seeing the words “free BTC” make your hands itch?
Don’t touch it. If you do, the real Bitcoin in your main wallet might be gone.
Just today, the hardware wallet leader Ledger issued an urgent warning—
The BIP-110 forked chain has no built-in replay protection.
In plain language: if you sell a “free coin” on this forked chain, hackers can take the same signature and execute it again on the Bitcoin mainnet, and your real BTC in your wallet will be lost.
First, let’s talk about what this forked chain is.
BIP-110 is a proposal attempting to limit “large data writes” inside Bitcoin blocks—in other words, it aims to crack down on inscriptions and other “non-financial data” occupying block space.
Supporters say: Bitcoin is a payment network, not a storage disk.
Opponents say: this undermines Bitcoin’s principle of “open neutrality.”
So what happened? Lots of debate, but the market voted with its feet.
Latest data shows miner signaling support for BIP-110 is only between 0.3% and 2.6%.
Activation requires 55% miner support.
A proposal with less than 1% support—how long do you think it will last?
But a small group of supporters won’t give up.
A small number of nodes running BIP-110 rules forked off the mainnet at block height 961,632, forcibly creating their own chain.
And the result?
The main chain has advanced to block 961,651, while the BIP-110 forked chain is stuck at 961,633, trailing by a full 18 blocks.
A chain that can’t even mine blocks, yet still stubbornly persists.
Michael Saylor said bluntly: BIP-110 has not gained broad support; it will either stagnate or become irrelevant.
But the most dangerous thing isn’t whether this chain survives—
It’s that someone wants to take advantage of the chaos.
Look, with the fork, theoretically every BTC holder gets a 1:1 “forked coin” on the new chain.
Free money—why not take it?
Wrong. Dead wrong.
Ledger’s warning is very clear:
The BIP-110 fork has no built-in replay protection.
What is a replay attack? Let me give you an example—
You sign a transaction on the new chain saying “I sell 1 forked coin to Zhang San.”
Because both chains initially accept the same signature, a hacker can take that signature and execute it again on the Bitcoin mainnet.
On the mainnet, the signature means “I transfer 1 BTC to Zhang San.”
Your real Bitcoin is gone just like that.
Developers have clearly stated: at least until early September, this forked chain will have no built-in replay protection.
For over a month, your BTC could be wiped out at any time.
You might say: then I won’t sell, I’ll just hold and wait.
The problem is—how do you know others won’t move your coins?
Any operation on the forked chain—transfers, claims, even just signature verification—could trigger a replay.
Doing nothing is the only safe option.
Ledger’s advice is simple: don’t claim any BIP-110 bitcoins until replay protection is added to the BIP-110 chain.
Several exchanges have already taken action.
Australia’s Bitcoin exchange Hardblock said it may temporarily suspend trading, deposits, and withdrawals during BIP-110 activation.
Another exchange, Bitaroo, also plans to freeze deposits and withdrawals as the mandatory signaling approaches.
If even exchanges dare not touch it, do you think you know better than them?
Here’s a harsh truth—
Free things often cost the most.
The “free BTC” on this forked chain could be a death sentence for the real Bitcoin in your main wallet.
A chain with less than 3% miner support, unable to mine blocks, trailing the mainnet by 18 blocks.
How much do you think its “forked coins” are worth?
Betting all your BTC for some possibly worthless “free coins”—
That’s a losing bet no matter how you calculate it.
Finally, here are three life-saving tips:
❌ Don’t claim the so-called “BIP-110 forked coins”
❌ Don’t perform any transfer operations on the forked chain
❌ Don’t trust any service that “helps you claim forked coins”
✅ Watch and wait for replay protection to be implemented
✅ Follow exchange deposit and withdrawal policies; pause when required
Remember: before replay protection is added to the BIP-110 chain, touching the forked coins might mean saying goodbye to your Bitcoin.
Share this with friends holding BTC around you—don’t let them fall into this trap.
$BTC$ETH $BICO #比特币BIP-110提案遇冷，分叉链落后主网
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
