Adam Back and Michael Saylor Oppose BIP 110 on Bitcoin Blockstream co-founder and Hashcash inventor Adam Back and Strategy founder Michael Saylor both opposed implementing BIP 110 on the Bitcoin network. Back said BIP 110 attempts to police other people's transactions and

What happened

Blockstream co‑founder Adam Back and Strategy founder Michael Saylor publicly opposed BIP 110, saying the proposal would police other users’ transactions on the Bitcoin network.

Confirmed

Global impact / market context

If BIP 110 were adopted, it could change how transactions are validated, impacting user privacy, transaction costs, and the network’s decentralization, which are key concerns for investors and developers.

Confirmed

Bitcoin’s price and network activity often react to protocol changes; developers and investors watch proposals closely because they can affect transaction fees, miner revenue, and user confidence.

Confirmed

What to watch

1. Whether other prominent Bitcoin figures join the opposition, potentially influencing community consensus on BIP 110. Analyst inference
2. Any formal response from Bitcoin core developers that could modify or withdraw the BIP 110 proposal. Analyst inference
3. Potential market reaction if the proposal is delayed or abandoned, which could affect Bitcoin’s price volatility. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• x.com