Bitcoin Leaders Saylor and Back Reject BIP-110 Ordinals Proposal Over Network Risk Concerns

Michael Saylor, Strategy executive chairman, and Adam Back, Blockstream CEO, have intensified their opposition to BIP-110, a proposed temporary fork designed to restrict non-monetary transactions on the Bitcoin network. The two prominent Bitcoin figures argue that while Ordinals inscriptions present challenges, implementing the protocol change poses greater risks to Bitcoin’s credibility and decentralization principles. Bitcoin…

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