Saylor Slams Proposed Bitcoin Restrictions as Threats to Neutrality
Michael Saylor has expressed his opposition to BIP 110, a proposal that would impose seven temporary consensus restrictions on Bitcoin transactions. The package aims to reduce arbitrary data stored through Bitcoin transactions, but Saylor argues that it threatens protocol neutrality and uses a miner-signaling threshold that is too low for a disputed change.
Saylor supports market fees and voluntary relay policies instead of consensus rules that judge transactions by their perceived purpose. He agrees with the broader goal of protecting node operators, preserving affordable transactions, and discouraging Bitcoin's use as a general storage network.
The proposal has reached 'Complete' status under BIP 3, but Saylor warns that it would close reserved technical options for future development, including paths associated with BitVM. He also objects to bundling all seven restrictions into one package and using a 55% miner-signaling threshold.