• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Business

Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

approx by approx
July 12, 2026
in Business
0
Bitcoiners Michael Saylor, Adam Back Oppose BIP-110
189
SHARES
1.5k
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

Cambridge Compares Ethereum Energy Use With PoS Networks

Cambridge Compares Ethereum Energy Use With PoS Networks

July 12, 2026
Empery Digital Sold Bitcoin to Fund AI Data Center

Empery Digital Sold Bitcoin to Fund AI Data Center

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

Share76Tweet47

Related Posts

Cambridge Compares Ethereum Energy Use With PoS Networks

Cambridge Compares Ethereum Energy Use With PoS Networks

by approx
July 12, 2026
0

A new Cambridge study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the...

Empery Digital Sold Bitcoin to Fund AI Data Center

Empery Digital Sold Bitcoin to Fund AI Data Center

by approx
July 12, 2026
0

Shares in Bitcoin treasury company Empery Digital rose on Friday after the firm disclosed it had sold nearly half its...

Bitcoin Defends $59K Support as Q2 Closes With Rare Back-to-

Solana Fee Proposal Shows Validator Economics Are Still Being Rewritten

by approx
July 12, 2026
0

Solana Fee Proposal Shows Validator Economics Are Still Being Rewritten is the kind of crypto story that looks simple at...

LG Electronics Pilots Onchain Advertising Network On Arbitrum

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

by approx
July 11, 2026
0

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

Kraken Adds USDCx Deposits And Withdrawals On Canton Network

BNB Chain Haber Specs Point To Faster Finality And A More Competitive Network Stack

by approx
July 11, 2026
0

BNB Chain Haber Specs Point To Faster Finality And A More Competitive Network Stack is the kind of crypto story...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News