BIP-110 Sparks Controversy in Bitcoin Community, Multiple OGs Including Wang Chun and Jameson Lopp Clearly Oppose
Odaily News BIP-110 proposal has recently sparked significant controversy within the Bitcoin community. Multiple Bitcoin OGs, including F2Pool co-founder Wang Chun, Casa co-founder Jameson Lopp, and Blockstream CEO Adam Back, have clearly voiced their opposition.
Wang Chun stated that the BIP-110 proposal is like "packaging a bunch of nonsense in the name of protecting children and then imposing it on us as a whole."
Jameson Lopp also published a lengthy article expressing that BIP-110 is reckless, irrational, and doomed to fail.
Adam Back believes that BIP-110 could potentially threaten Bitcoin's immutability and its store of value.
Odaily Note: BIP-110 is the latest improvement proposal put forward by the Bitcoin community. It aims to limit the size of non-monetary data (such as Ordinals inscriptions) in transactions through a soft fork to alleviate the issue of "junk data" occupying block space.
