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Michael Saylor argues BIP-110 would harm Bitcoin more than it fixes
The proposed soft fork would temporarily tighten Bitcoin consensus rules for about a year, while Saylor says the lasting governance precedent and lower activation threshold raise network and privacy risks.
Strategy executive chairman Michael Saylor has published a 110-point argument opposing Bitcoin’s proposed BIP-110 soft fork, saying the change would cause more harm than the problem it is meant to address, according to Decrypt.
BIP-110 would temporarily restrict the use of non-financial data on Bitcoin, targeting techniques such as Ordinals and inscriptions that have crowded block space and contributed to higher fees since 2023. Supporters have framed the move as a way to curb spam, but Saylor argues the network cannot determine intent from bytes, so restricting certain data forms could also invalidate legitimate, fee-paying transactions.
Saylor also warns that changing consensus to police one contested use could set a template that others could reuse for different purposes, citing potential downstream concerns for privacy tools, novel custody, stablecoin settlement, and token systems. He says the risks persist even though the restrictions would lapse after about a year, because the precedent would not.
The essay further objects to BIP-110’s activation design, including lowering the miner-signaling threshold to 55% from 95% used in earlier soft forks and removing the usual path for a proposal to quietly expire. Saylor also points to signaling running below 1% as part of his critique.
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