Saylor Drops 110 Reasons on BIP‑110; Ordinals Inscriptions Already Took the Hint 📉

Strategy executive chairman Michael Saylor published a roughly 3,700‑word post on X.com on Sunday outlining what he called "110 reasons" why Bitcoin Improvement Proposal‑110 is a bad idea. BIP‑110, introduced in December 2025 by pseudonymous developer "Dathon Ohm," proposes a temporary fork aimed at curbing nonfungible token‑like Ordinals inscriptions and other arbitrary data on the Bitcoin network in order to preserve BTC's primary use as a peer‑to‑peer cash system. Saylor, whose Strategy holds the largest corporate Bitcoin treasury, argued for "neutral rules, hard consensus, open markets, and permissionless innovation." "Many Bitcoiners I respect support BIP‑110. They want to keep validation accessible, protect node operators from unwanted costs and content, preserve affordable payments, and keep Bitcoin focused on sound money rather than general‑purpose data storage. Those are serious concerns. I share the objectives. I disagree about the remedy," Saylor wrote. He added: "This article critiques the proposal, not the people behind it. I assume good faith. Bitcoin is strongest when we can disagree vigorously without mistaking allies for enemies." As of 12 p.m. ET on Sunday, the post had been viewed 879,000 times, with 692 replies and 852 retweets.

The proposal has drawn support from Ocean protocol founder Luke Dashjr and opposition from Blockstream CEO Adam Back, positioning it among the more notable protocol‑level disputes since the Blocksize Wars between 2015 and 2017, when participants debated raising Bitcoin's block size limit. Back has criticized BIP‑110 as a "quest to police other people," arguing Bitcoin's decentralization should mean "you can't impose your views on others" and calling it incompatible with the network's cypherpunk ethos of permissionless, censorship‑resistant money. Dashjr and other supporters have described Ordinals‑driven bloat as a "serious threat" to the network, prompting the need for an imminent fix, and have argued the proposal would not cause a chain split.

BIP‑110 requires 55% of Bitcoin nodes validating blocks to signal support across a block "period" before activation. In period number 475, covering blocks 955,584 through 957,599, only 1% of blocks signaled support. Separately, Bitcoin nodes running BIP‑110 have crossed 2%, according to related reporting. Ordinals activity on the Bitcoin blockchain has meanwhile fallen to fewer than 10,000 daily inscriptions over the last month, down from more than 400,000 during its peak in August 2023.