Bitcoin News
By Steven Anderson
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The Funding Jab That Stung. Back didn't stop at the Nakamoto angle. He went further, mocking BIP-110 supporters for their…
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Mandatory Signaling Looms at Block 961,632. Here's where it gets technically interesting. Mandatory signaling for BIP-110 kicks in around…
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Governance Fault Lines, Again. BIP-110 isn't just a technical argument. It's a proxy war over what Bitcoin is supposed to be.
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Adam Back isn't buying it. The Blockstream CEO came out swinging on July 18, 2026, dismissing claims that Satoshi Nakamoto would ever back BIP-110, a soft fork proposal that…
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Back's comments landed during a heated exchange on X, where a user floated the idea that Nakamoto — if alive today — would support the proposal.
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Back didn't stop at the Nakamoto angle. He went further, mocking BIP-110 supporters for their failure to fund what he called a "cypherpunk summer celebration.
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And the miner numbers back him up. Only 0.86% of blocks have shown support for BIP-110. The activation threshold sits at 55%. That gap isn't a hill to climb — it's a canyon.
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Here's where it gets technically interesting. Mandatory signaling for BIP-110 kicks in around block 961,632. At the time Back made his comments, the network sat at block 958,529.
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Back's prediction for what happens next isn't optimistic, at least not for BIP-110 supporters. He thinks the fork stalls immediately.
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More context: T. Rowe Price TKNZ Launches as $1.9 Trillion Giant Bets on Multi-Token Crypto ETF
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The mechanics matter here. Soft forks need miner coordination to activate. Without it, mandatory signaling doesn't create consensus — it creates conflict.
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Back sits clearly in the skeptic camp. His broader argument, reading between the lines, is that BIP-110 lacks the legitimacy that comes from genuine community buy-in — financial,…
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It's worth noting that Back has weighed in on fork risks before. His skepticism isn't new, and it's not personal — or at least, it's not only personal.
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See also: Bitcoin Ethereum Weekly Outlook Eyes Support and Resistance
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The dormant coins debate keeps surfacing in these conversations too, tangled up with questions about Nakamoto's identity and whether early Bitcoin philosophy should carry special…
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