Odaily Planet Daily reports that the BIP-110 proposal has recently sparked significant controversy within the Bitcoin community, with several Bitcoin OGs including Fish Pool co-founder Wang Chun, Casa co-founder Jameson Lopp, and Blockstream CEO Adam Back explicitly voicing their opposition.
Wang Chun stated that BIP-110 is like “a bunch of nonsense packaged in the name of protecting children, then imposed on us as a whole.”
Jameson Lopp also published a lengthy article saying that BIP-110 is reckless, irrational, and doomed to fail.
Adam Back believes that BIP-110 could threaten Bitcoin’s immutability and store of value.
Odaily Note: BIP-110 is a recent proposed improvement in the Bitcoin community, aiming to limit the size of non-monetary data (such as Ordinals inscriptions) in transactions through a soft fork, to alleviate the issue of “junk data” occupying block space.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
South Korea Sells $21.5M in Recovered Bitcoin After Custody Breach
In South Korea, authorities have recovered and liquidated a tranche of cryptocurrency seized in a phishing-linked custody incident, while prosecutors signal a broader shift in how crypto losses are treated in debt-restructuring cases. The Gwangju District Prosecutors’ Office disclosed that 320.8
CryptoBreaking2m ago
Strive increases holdings by 179.12 BTC, with total holdings rising to 13,300 coins
Gate News Report, March 11th, Bitcoin crypto treasury company Strive increased its holdings by 179.12 BTC, worth approximately $12.35 million. After the increase, Strive's total holdings reached 13,310.9 BTC, ranking 11th in corporate Bitcoin holdings.
GateNews10m ago
BTC drops below $69,000, down 1.97% in the past 24 hours
Gate News Report, March 11th, BTC price drops below the $69,000 mark, currently at $69,023, down 1.97% in the past 24 hours.
GateNews30m ago
BTC drops below 69,000 USDT
Gate News bot message, Gate market display, BTC drops below 69,000 USDT, current price 68,978.8 USDT.
CryptoRadar38m ago