Saylor and Back Oppose BIP-110, Warn of Potential Network Split

Cryptocurrency industry heavyweights Michael Saylor and Adam Back have publicly opposed the adoption of Bitcoin Improvement Proposal BIP-110, which would treat arbitrary data, digital artefacts, and tokens as spam and filter related transactions at the protocol level.

Saylor, founder of Strategy, warns that this proposal could turn the spam dispute into a change in consensus rules and invalidate some currently valid paid transactions. He believes there are 110 things more dangerous to Bitcoin than spam, and that energy should be spent on truly important threats.

Adam Back, co-founder of Blockstream and inventor of Hashcash, also criticized BIP-110 as conflicting with the principle of a permissionless currency. He argues that in a decentralized structure, one cannot impose one's view on other participants, and that the core of BIP-110 aims to police other people's transactions.