TLDR Tech / Crypto
Saylor urges Bitcoin to reject BIP-110 in 110-point essay
Michael Saylor published a 110-point essay, "110 Reasons BIP 110 Is a Bad Idea," arguing consensus rules shouldn't judge the purpose of valid, fee-paying transactions, drawing over 840,000 views. BIP-110 is a temporary one-year soft fork restricting data-heavy transactions, built on Bitcoin Knots software from backer Luke Dashjr, with a mandatory signaling window opening around August 7. Miner support currently sits at just 0.86%, far below the 55% threshold needed for early lock-in. If signaling stays low, BIP-110-enforcing nodes risk splitting onto a minority chain when the rules take effect around September 1.
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