Saylor Rejects BIP 110 Citing Threat to Protocol Neutrality

Michael Saylor has expressed concerns about BIP 110, a proposal that aims to reduce arbitrary data stored through Bitcoin transactions. The package includes seven temporary consensus restrictions intended to achieve this goal.

Saylor argues that these restrictions threaten protocol neutrality and uses a 55% miner-signaling threshold, which he believes is too low for a disputed change. He also supports market fees and voluntary relay policies instead of consensus rules that judge transactions by their perceived purpose.

The Reduced Data Temporary Softfork proposal would temporarily cap some script sizes, restrict Taproot control blocks, and prevent spending through undefined witness versions. Its supporters claim that these measures could reduce node costs and keep block space focused on payments.

Saylor agrees with the broader goal of protecting node operators and preserving affordable transactions but argues that BIP 110 uses seven consensus rules to reject valid, fee-paying activity without measuring the costs those transactions impose.