Svmuu News: Michael Saylor, founder of Strategy, published a lengthy post on July 18 listing 100 reasons to oppose BIP 110. He stated that the proposal would restrict a controversial but currently valid type of transaction through the “Bitcoin” consensus rule, constituting a governance intervention in use cases.
BIP 110, officially titled “Reduced Data Temporary Softfork,” was marked as “Complete” on GitHub on June 25, 2026.The proposal is scheduled to run for approximately one year and introduces seven new consensus restrictions, including an 83-byte limit on OP_RETURN outputs, a 256-byte cap on partial payloads and witness data, and restrictions on certain Taproot-related structures.
Michael Saylor pointed out that BIP 110 adopts a 55% miner signal threshold—lower than the 95% threshold in the standard BIP 9 process—and eliminates the standard timeout and “FAILED” status.He believes that these controversial rule changes—which employ a lower threshold—will increase the likelihood of a chain split and may impact miners’ fee revenue and long-term network security.
He stated that Bitcoin’s existing relay and mining policy tools already allow node operators and miners to restrict unwanted transaction types without altering the network-wide consensus rules. Michael Saylor also stated that the Bitcoin’s base layer should remain conservative and opposed the use of consensus soft forks to regulate controversial use cases.