Wu Shuo learned that Adam Back, co-founder of Blockstream and inventor of Hashcash, and Michael Saylor, founder of Strategy, both posted to oppose pushing BIP 110 on the Bitcoin network. Adam Back said that BIP 110 attempts to regulate other people’s transactions, violating Bitcoin’s principles of decentralization and permissionless operation, and that forcibly advancing it would only lead to a fork. Michael Saylor added that BIP 110 would escalate spam-related disputes into a consensus change, invalidating some valid transactions that already paid transaction fees. He believes this precedent is extremely dangerous and that the community should focus its efforts on tackling more core threats.

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TheProphetOfToast
· 13h ago
If paid transactions also have to be reviewed, what’s the point of having the transaction fee?
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NightAuditBuddy
· 13h ago
Fork warnings aren’t alarmism. Back then, the block-size wars are still fresh in everyone’s memory— the community can’t endure another one.
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StakingDaydreamer
· 13h ago
It’s pretty rare that Back and Saylor align in their stance this time; BIP 110 really crossed the line.
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