So, there's a literal fork coming? That's like already been decided? What are the two new tokens? Before it was BTC and BTC Cash, now are we looking at something dumb like BTC Classic vs BTC?
That is a large rabbit hole to go down. The SHORT version these are FACTS you can see it in the code you can see the data anyone who says otherwise is not telling you the truth.:
1) As of the end of this difficulty period which is next Saturday sometime. KNOTS clients will stop accepting blocks that do not signal for BIP-110
2) As of *now* only about 24 of the last 950 blocks signaled support for 110 so about 2.5% give or take. [This signaling period and this is the highest it's ever been]
https://wickedsmartbitcoin.com/bip110_signaling3) BIP-110 needs 55% to activate but KNOTS does not care about that as I said in point 1 it is hard coded to reject blocks that don't signal regardless of 110 activating.
4) The restrictions that knots puts in WILL censor many transactions that have nothing to do with spam. They might not be common transactions, but they do exist and are used daily.
These are opinions that most people agree on.
1) knots does nothing to stop spam.
2) once you start censoring any kind of transactions it's a slippery slope.
3) more then likely it will cause massive UTXO bloat since that is another way to put things in the blockchain that 110 does nothing about.
4) most of the hashrate in point 2 in the 1st section I posted is rented. So a large amount of 110 support is not owned by the miners. Take that as you will.
There are a bunch of discussions about it. Here and other places.
https://bitcointalk.org/index.php?topic=5586638.0https://bitcointalk.org/index.php?topic=5583900.0https://bitcointalk.org/index.php?topic=5584529.0All kind of say the same thing. 110 is going to fail hard and fork off. Unless someone changes the difficulty or mining algo it's going to go nowhere as a chain.
There are supporters but the math does not work for 110.
-Dave