Overview
- In a July 18 essay titled “110 Reasons BIP 110 Is a Bad Idea,” Michael Saylor argued that consensus rules must remain neutral and should not police lawful, fee‑paying transactions.
- BIP 110 is a one‑year temporary softfork that would add seven consensus limits to curb large, non‑monetary inscriptions by capping output script sizes, OP_RETURN payloads, and certain Taproot/Tapscript constructs.
- Miner support for BIP 110 has stayed effectively negligible, reported between 0% and about 0.86%, far below the 55% signaling threshold needed for miner lock‑in during a 2,016‑block period.
- The proposal includes a user‑activated enforcement path scheduled for early August 2026, which keeps the governance dispute active despite weak miner backing and no enforcement by Bitcoin Core.
- Supporters say the limits would cut storage and validation burdens on full‑node operators while critics, including Adam Back, warn the change could threaten censorship resistance and create hard choices for exchanges, wallets and miners.