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Alert: $BTC Neutrality Under Attack From BIP-110
BIP-110 proposes a soft-fork to filter arbitrary data from the $BTC blockchain. Adam Back and Jameson Lopp have publicly opposed it, calling it censorship disguised as spam prevention.
The technical argument collapsed when dev Martin Habovstiak broadcasted a 66 KB image on-chain, proving the filter is easily bypassed.
Targets: Ordinals and Runes protocols.
Risk: A repeat of the 2017 consensus wars that split Bitcoin into BCH and BSV.
Verdict: Bitcoin's censorship resistance is its most valuable property. Any proposal that lets a small group decide which transactions are valid is a direct threat to $BTC institutional adoption.
#BTC #Bitcoin #BIP110 #CryptoGovern
BIP-110 proposes a soft-fork to filter arbitrary data from the $BTC blockchain. Adam Back and Jameson Lopp have publicly opposed it, calling it censorship disguised as spam prevention.
The technical argument collapsed when dev Martin Habovstiak broadcasted a 66 KB image on-chain, proving the filter is easily bypassed.
Targets: Ordinals and Runes protocols.
Risk: A repeat of the 2017 consensus wars that split Bitcoin into BCH and BSV.
Verdict: Bitcoin's censorship resistance is its most valuable property. Any proposal that lets a small group decide which transactions are valid is a direct threat to $BTC institutional adoption.
#BTC #Bitcoin #BIP110 #CryptoGovern
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