• Latest
  • Trending
Strategy’s Michael Saylor Pounds Away at “Bad Idea” BIP-110

Strategy’s Michael Saylor Pounds Away at “Bad Idea” BIP-110

July 19, 2026
Phantom Opens 15-Minute Bitcoin Prediction Markets to U.S. Users With Kalshi

Phantom Opens 15-Minute Bitcoin Prediction Markets to U.S. Users With Kalshi

October 29, 2026
Intel (INTC) Stock: What Wall Street Expects From Earnings Today

Intel (INTC) Stock: What Wall Street Expects From Earnings Today

October 29, 2026
MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

October 29, 2026
Bitcoin Faces Sell-Side Risk Above $85,000, Glassnode Analysis Warns

Bitcoin Faces Sell-Side Risk Above $85,000, Glassnode Analysis Warns

October 29, 2026
Three Ways to Launch a Fashion Store Without Holding Inventory: Tapstitch vs Trendsi vs CJdropshipping

Three Ways to Launch a Fashion Store Without Holding Inventory: Tapstitch vs Trendsi vs CJdropshipping

October 29, 2026
XRP Ledger Hits Highest Level of 2026

XRP Ledger Hits Highest Level of 2026

October 29, 2026
Birds Across Europe Flee Sooner When a Woman Approaches Than a Man, and Scientists Have No Idea Why

Birds Across Europe Flee Sooner When a Woman Approaches Than a Man, and Scientists Have No Idea Why

October 29, 2026
XRP dips below the $1.30 support amid bearish positioning

XRP dips below the $1.30 support amid bearish positioning

October 29, 2026
Kraken USDC Jumps 30% While EURC Trading Nears 1B in Circle Stablecoin Expansion

Kraken USDC Jumps 30% While EURC Trading Nears 1B in Circle Stablecoin Expansion

October 29, 2026
  • Privacy Policy
Thursday, October 29, 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

Strategy’s Michael Saylor Pounds Away at “Bad Idea” BIP-110

J_News by J_News
July 19, 2026
in Crypto, Top News
0
Strategy’s Michael Saylor Pounds Away at “Bad Idea” BIP-110
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Strategy executive chairman Michael Saylor took to social media on Sunday to detail his “110 reasons” why a proposed temporary fork to limit non-monetary transactions on the Bitcoin network, or BIP-110, is a bad idea.

Related articles

Phantom Opens 15-Minute Bitcoin Prediction Markets to U.S. Users With Kalshi

Phantom Opens 15-Minute Bitcoin Prediction Markets to U.S. Users With Kalshi

October 29, 2026
Intel (INTC) Stock: What Wall Street Expects From Earnings Today

Intel (INTC) Stock: What Wall Street Expects From Earnings Today

October 29, 2026

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 BTC’s main use as a peer-to-peer cash system.

In a roughly 3,700 word post on X.com, the man in control of the largest Bitcoin (BTC) corporate treasury made a case for what he said are “neutral rules, hard consensus, open markets, and permissionless innovation.”

Source: Michael Saylor on X.com

“Many Bitcoiners I respect support BIP 110. They want to keep validation accessible, protect node operators from unwanted costs and content, preserve affordable payments, and keep Bitcoin focused on sound money rather than general-purpose data storage. Those are serious concerns. I share the objectives. I disagree about the remedy,” Saylor said. He added:

“This article critiques the proposal, not the people behind it. I assume good faith. Bitcoin is strongest when we can disagree vigorously without mistaking allies for enemies.”

As of 12 p.m. ET, on Sunday, the post had been viewed 879,000 times, with 692 replies and 852 retweets.

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. 

The proposal was introduced by pseudonymous Bitcoin developer “Dathon Ohm” with the support of Ocean protocol founder Luke Dashjr. Opponents include Blockstream CEO Adam Back.

Related: Bitcoin nodes running BIP-110 crosses 2% as spam wars heat up

Little certainty on BHP-110 approval

To be sure, 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 in support.

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 from the more than 400,000 seen during its peak in August 2023.

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

Bock has previously criticized BIP-110, describing it as a “quest to police other people.” 

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

Dashjr and other BIP-110 supporters 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

Phantom Opens 15-Minute Bitcoin Prediction Markets to U.S. Users With Kalshi

Phantom Opens 15-Minute Bitcoin Prediction Markets to U.S. Users With Kalshi

by J_News
October 29, 2026
0

Key Takeaways:Phantom is launching Kalshi-based prediction markets for eligible U.S. users.Bitcoin contracts can be settled every 15 minutes.Phantom Cash trading...

Intel (INTC) Stock: What Wall Street Expects From Earnings Today

Intel (INTC) Stock: What Wall Street Expects From Earnings Today

by J_News
October 29, 2026
0

TLDR Intel (INTC) stock sits at $95.53, down 32% from its June 22 record high but up 159% year to...

MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

by J_News
October 29, 2026
0

Mutsamudu, Comoros, October 29, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its September TradFi trading...

Bitcoin Faces Sell-Side Risk Above $85,000, Glassnode Analysis Warns

Bitcoin Faces Sell-Side Risk Above $85,000, Glassnode Analysis Warns

by J_News
October 29, 2026
0

Bitcoin (BTC) faces resistance between $84,000 and $85,000 as analysis points to coins largely linked to a single large holder.Key...

Three Ways to Launch a Fashion Store Without Holding Inventory: Tapstitch vs Trendsi vs CJdropshipping

Three Ways to Launch a Fashion Store Without Holding Inventory: Tapstitch vs Trendsi vs CJdropshipping

by J_News
October 29, 2026
0

Which Supply Route Fits Your Small Clothing Store? Start with Tapstitch when your own graphics and chosen apparel blanks define...

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

67M Crypto Holders Put Pressure on Senate as Ripple Pushes CLARITY Act Showdown

Capital B Buys 376 BTC for $29M, Pushes Bitcoin Treasury to 3,521 BTC

Trump Says AI Will Not Cause Human Extinction as OpenAI and Anthropic Researchers Warn of Danger

© 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