Strategy Executive Chairman Michael Saylor published a 3,700-word analysis on the X platform on Sunday opposing BIP-110 - a proposal designed to restrict non-monetary transactions on the Bitcoin network.
The post, titled ‘110 reasons BIP-110 is a bad idea,’ quickly drew 879,000 views, 692 replies, and 852 retweets by 12:00 PM ET. Saylor’s stance carries significant weight in this debate. His company holds 843,775 BTC valued at $54.31 billion, making it the largest public corporate Bitcoin holder in the world.
“The proposed cure is more dangerous than the condition,” Saylor wrote. He warned that BIP-110 would restrict legitimate activity and establish an irreversible governance precedent for the future.
The Network Knows No Intent
Pseudonymous developer ‘Dathon Ohm’ first submitted BIP-110 in December 2025. The goal was to filter out Ordinals and inscriptions - non-financial data stored on the network. However, Saylor pointed out a fundamental logical flaw in this approach: Bitcoin cannot determine user intent. The network has no way of knowing whether a payload of bytes represents an image, a cryptographic proof, a smart contract, or simple metadata.
Rather than altering consensus rules with potentially fatal risks, Saylor offered a market-driven alternative. He suggested the community rely on individual node relay policies and let transaction fees naturally manage incoming network load.
Why the 55% Threshold Is Dangerous
The most contentious point in Saylor’s pushback centers on the activation requirements for BIP-110. The proposal lowers the miner approval threshold from the standard 95% down to just 55%. Saylor warned that this relaxation creates a dangerous opening for a faction with barely over half of the network’s capital to force through rule changes, ultimately triggering a Bitcoin chain split.
On the ground, miners appear to share that concern. Current on-chain signaling reflects clear market hesitation, with only 1% of blocks in the latest difficulty period signaling support. Among industry leaders, Blockstream CEO Adam Back has firmly opposed the initiative, clashing directly with Ocean mining pool founder Luke Dashjr, who stands among its key proponents.
This fierce debate unfolds as Ordinals activity hovers near all-time lows. Daily inscription transactions have dropped below 10,000, a stark contrast to the August 2023 peak of more than 400,000 daily transactions. The community finds itself embroiled in a heated dispute over a trend that is already fading.
“Bitcoin doesn’t need gatekeepers of purity. Bitcoin needs guardians of neutrality,” Saylor concluded in his post. Today’s 1% support level suggests the vast majority of miners still stand by that principle of neutrality.
Sourced from Cointelegraph.
Read also: What Is Bitcoin Halving?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
