Bitcoin improvement proposal to block spam draws heat from heavyweights
A new Bitcoin Improvement Proposal (BIP-110) to limit non-money data transactions faces criticism from industry leaders.Summary
Bitcoin Improvement Proposal (BIP-110), a soft fork aimed at curbing blockchain spam, particularly from Ordinals inscriptions that clog blocks with non-monetary data, is generating controversy. Proponents argue it will unclog the network, lower fees for regular users, and keep Bitcoin focused on payments. However, heavyweights like Blockstream CEO Adam Back strongly oppose it, claiming the proposal damages Bitcoin's credibility as a store of value and that spam is merely an annoyance that fits within the block size. Others agree, suggesting the proposed fix could harm network trust more than the spam itself. The article also notes that the broader crypto market is experiencing little excitement, with Bitcoin trading between $67,000 and $70,000, and various traditional and crypto market indicators showing mixed signals.
(Source：CoinDesk)