Saylor and Back Oppose BIP 110, Defend Bitcoin's Decentralization

BTC-0.30%
According to PANews, today (July 12), Blockstream co-founder Adam Back and MicroStrategy CEO Michael Saylor opposed the Bitcoin Improvement Proposal BIP 110. Back stated that while he understands concerns about spam transactions, BIP 110 is fundamentally a surveillance mechanism that would erode Bitcoin's decentralization, security, and neutrality. Saylor agreed, arguing that BIP 110 converts spam complaints into consensus changes and would invalidate previously valid, fee-paid transactions. He emphasized that establishing such a precedent poses greater danger than spam itself, and resources should focus on more critical threats.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments