Saylor Slams BIP 110 as 'Dangerous' to Bitcoin's Neutrality
Bitcoin developer Michael Saylor has expressed strong opposition to BIP 110, a proposal that bundles seven temporary consensus restrictions aimed at reducing arbitrary data stored through Bitcoin transactions.
Saylor, executive chairman of Strategy, formerly MicroStrategy, argued that the Reduced Data Temporary Softfork threatens protocol neutrality and uses a 55% miner-signaling threshold that is too low for a disputed change.
He supports market fees and voluntary relay policies instead of consensus rules that judge transactions by their perceived purpose.
The proposal, which reached 'Complete' status under BIP 3 on June 25, aims to reduce node costs and keep block space focused on payments.