• Latest
  • Trending
Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

July 12, 2026
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Dogecoin Traders Watch $0.13 As DOGE Reclaims A Key Technical Level

July 12, 2026
Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

July 12, 2026
‘Unsavable’: Lawyers Told Ripple Execs to Abandon Company

‘Unsavable’: Lawyers Told Ripple Execs to Abandon Company

July 12, 2026
SK Hynix (SKHY) Stock Jumps 13% in Nasdaq Debut as CEO Warns of Historic Memory Shortage in 2027

SK Hynix (SKHY) Stock Jumps 13% in Nasdaq Debut as CEO Warns of Historic Memory Shortage in 2027

July 12, 2026
The UK has finally shown it’s serious about crypto

The UK has finally shown it’s serious about crypto

July 12, 2026
The Ultimate Banking Battle: Custodia Petitions the Supreme Court in 6-Year Fight Against the Fed

The Ultimate Banking Battle: Custodia Petitions the Supreme Court in 6-Year Fight Against the Fed

July 11, 2026
Why CrowdStrike (CRWD) Stock Dropped on Friday

Why CrowdStrike (CRWD) Stock Dropped on Friday

July 11, 2026
Tether’s Alloy Launch Shows Stablecoins Are Moving Beyond Plain Dollars

Tether’s TON Integration Pushes USDT Deeper Into Telegram’s Crypto Economy

July 11, 2026
Empery Digital Sold Bitcoin to Fund AI Data Center

Empery Digital Sold Bitcoin to Fund AI Data Center

July 11, 2026
  • Privacy Policy
Sunday, July 12, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

J_News by J_News
July 12, 2026
in Crypto, Top News
0
Bitcoiners Michael Saylor, Adam Back Oppose BIP-110
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Strategy executive chairman Michael Saylor and Blockstream CEO Adam Back have doubled down on their opposition to BIP-110, a proposed temporary fork to limit non-monetary transactions on the Bitcoin network.

Bitcoin Improvement Proposal-110 was introduced in December 2025 to stop nonfungible token-like Ordinals inscriptions and other arbitrary data from “spamming” the network and to preserve Bitcoin’s main use as a peer-to-peer cash system.

Related articles

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Dogecoin Traders Watch $0.13 As DOGE Reclaims A Key Technical Level

July 12, 2026
Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

July 12, 2026

While critical of Ordinals activity, Saylor and Back fear a fork could do more harm than good to the network’s credibility. “There are 110 things more dangerous to Bitcoin than spam,” Saylor said in a post to X on Saturday, adding that BIP-110 could invalidate ordinary transactions on the network.

Source: Michael Saylor

BIP-110 is one of the more notable protocol-level disputes in the Bitcoin development community since the Blocksize Wars between 2015 and 2017, when ecosystem participants debated whether it was worth risking a chain split to raise the block size limit for scalability. 

BIP-110 was introduced by pseudonymous Bitcoin developer “Dathon Ohm” with the support of Ocean protocol founder Luke Dashjr. 

BIP-110 is a long shot from activating

BIP-110 won’t be activated unless 55% of Bitcoin nodes validating blocks are in support of the proposal across a Bitcoin block “period.”

In the last period, period number 475 between block 955,584 and 957,599, only 1% of blocks were BIP-110-supportive.

The dispute comes at a time when Ordinals activity is at near all-time lows, with fewer than 10,000 Ordinals inscribed into the Bitcoin blockchain on a daily basis over the last month, down massively from the more than 400,000 seen during its peak in August 2023.

Change in daily Ordinals inscriptions since December 2022. Source: Dune Analytics

Meanwhile, Back offered a deeper critique of BIP-110, describing it as a “quest to police other people.” 

Related: Bitcoin doesn’t need Ethereum-style yield, says Strategy’s Michael Saylor 

He said Bitcoin’s decentralization should mean “you can’t impose your views on others,” calling it incompatible with Bitcoin’s cypherpunk ethos of permissionless, censorship-resistant money.

Dashjr and other BIP-110 proponents have called Ordinals-driven bloat a “serious threat” to the network, prompting the need for an imminent fix.

They have also argued BIP-110 wouldn’t cause a chain split, as many fear, while adding that the BIP-110 fork imposes a temporary one-year limit and thus wouldn’t invalidate fee-paying transactions over the long term.

Features: From Bitcoin critics to blockchain believers: The 5 biggest crypto backflips 



Source link

ShareTweetShareShare

Related Posts

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Dogecoin Traders Watch $0.13 As DOGE Reclaims A Key Technical Level

by J_News
July 12, 2026
0

Dogecoin Traders Watch $0.13 as DOGE Reclaims A Key Technical Level is the kind of crypto story that looks simple...

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

by J_News
July 12, 2026
0

TLDR Eaton outperformed the S&P 500, gaining 2.2% over the week despite light trading volumes. Investors continue assigning Eaton a...

‘Unsavable’: Lawyers Told Ripple Execs to Abandon Company

‘Unsavable’: Lawyers Told Ripple Execs to Abandon Company

by J_News
July 12, 2026
0

The early days of Ripple Labs’ historic legal battle with the U.S. Securities and Exchange Commission (SEC) were far more...

SK Hynix (SKHY) Stock Jumps 13% in Nasdaq Debut as CEO Warns of Historic Memory Shortage in 2027

SK Hynix (SKHY) Stock Jumps 13% in Nasdaq Debut as CEO Warns of Historic Memory Shortage in 2027

by J_News
July 12, 2026
0

TLDR SK Hynix rose 13% on its first day of Nasdaq trading, closing at $168.01 after pricing its ADRs at...

The UK has finally shown it’s serious about crypto

The UK has finally shown it’s serious about crypto

by J_News
July 12, 2026
0

Then-Prime Minister Rishi Sunak announced the UK’s ambitions to be a “global cryptoasset hub” all the way back in 2022....

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

NFP, FOMC minutes, and CPI span the next two weeks

JPMorgan Targets $250B Stablecoin Market With Ethereum-Based Treasury Fund Launch

The NFT market was ‘oversold’ and prices fell too far, says Yuga Labs’ new CEO

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog