Bitcoin News
By Steven Anderson
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What BIP 110 Actually Proposes. Strip away the technical language and BIP 110 is pretty much a filter.
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Saylor's Core Argument Against the Proposal. He's not really arguing about spam. He's arguing about something bigger — about who gets to decide…
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Where Things Stand Now. BIP 110 hasn't been adopted. It's still in discussion, still working its way through the community…
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Michael Saylor doesn't want Bitcoin touching BIP 110. The Strategy chairman came out hard against the proposal, warning it could quietly erode what he sees as Bitcoin's most…
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BIP 110, for those who haven't been following the debate closely, would restrict transactions that carry data unrelated to payments.
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Strip away the technical language and BIP 110 is pretty much a filter. It would block — or at minimum, heavily restrict — transactions that include data not directly tied to a…
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But the framing of "one year" doesn't fully settle the deeper argument. Critics point out that once you've established the precedent of restricting a category of transaction…
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That's the part Saylor keeps coming back to.
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That's a different kind of risk. And it's a harder one to quantify.
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Bitcoin's value proposition, in Saylor's view, rests almost entirely on its neutrality. It doesn't care who you are, where you live, or what you're doing with your transaction —…
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Related: Blockstreams Adam Back Calls BIP-110 Dead on Arrival at 0.86% Miner Support
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His concern isn't hypothetical. The Bitcoin community has fought this battle before, in different forms.
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Not everyone sees it his way, obviously.
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Some developers and long-time Bitcoin contributors genuinely believe that non-payment data — think Ordinals, inscriptions, certain token protocols built on top of Bitcoin — is a…
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But Saylor's camp sees that push as fundamentally incompatible with Bitcoin's design. You can't have a censorship-resistant network that also censors.
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