Saylor Sounds Alarm Over Bitcoin Rule Changes
Bitcoin's future is facing debate among its proponents as prominent advocate Michael Saylor warns against changes to its core rules. Specifically, he expresses concerns about BIP-110, which aims to limit transaction data to prevent spam.
Saylor argues that Bitcoin's existing rules act like a constitution that protects property and settlement, and altering them could harm the network's long-term value. The proposed change currently has only 2.3% miner support, far below the 55% needed for activation by August 9.