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Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal — SkimNews

By Cointelegraph · Summarized & edited by · 2026-07-12
Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal
SkimNews Take

Two of Bitcoin's most visible holders publicly opposing BIP-110 illustrates how economically-aligned stakeholders can function as informal gatekeepers, transforming a technical proposal about data limits into a broader contest over protocol direction.

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Why it matters: With only 1% of blocks currently signaling support against the 55% activation threshold, BIP-110 is nowhere near passing — but two of Bitcoin's most prominent advocates are publicly drawing a philosophical line against any protocol-level fix for Ordinals bloat, framing it as a violation of Bitcoin's cypherpunk ethos of permissionless money.

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