The post Adam Back Opposes BIP-110 Ordinals Fix appeared on BitcoinEthereumNews.com. Blockstream CEO Adam Back has opposed a proposal to reduce Ordinals-like “spamThe post Adam Back Opposes BIP-110 Ordinals Fix appeared on BitcoinEthereumNews.com. Blockstream CEO Adam Back has opposed a proposal to reduce Ordinals-like “spam

Adam Back Opposes BIP-110 Ordinals Fix

For feedback or concerns regarding this content, please contact us at [email protected]

Blockstream CEO Adam Back has opposed a proposal to reduce Ordinals-like “spam” on Bitcoin, warning that the fix could do more harm than good to the network’s credibility.

Bitcoin Improvement Proposal (BIP-110) was proposed by pseudonymous Bitcoin developer Dathon Ohm in December. Nearly 7.5% of Bitcoin nodes — all of which are Bitcoin Knots clients — have signaled readiness for BIP-110, according to data.

The proposal seeks to temporarily shrink how much data can be stored in Bitcoin transactions to reduce the amount of images, videos, audio files and other “data abuse” flooding the network.

While Back agreed that Bitcoin should act as “sound money,” he said in a post to X on Sunday that it wasn’t worth a consensus-level change, adding that BIP-110 would be “an attack” on Bitcoin’s credibility as a store of value and secure monetary network. 

“It’s a lynch mob attempt to push changes there is not consensus for,” he said, adding that spam is “just an annoyance” that poses no real security threat to the network.

Source: Adam Back

BIP-110 is only a temporary fix to reduce arbitrary data, intended to give the Bitcoin community time to evaluate the impact for 12 months while developers work on a longer-term solution.

BIP-110 has gained more support from validators running Bitcoin Knots, which started taking market share from Bitcoin Core in the back half of 2025, when Bitcoin Core developers removed the 80-byte limit on the OP_RETURN function in late October, enabling more non-financial transactions to flood the Bitcoin network.

Bitcoin Core’s market share of Bitcoin nodes has fallen from about 98% to 77.2% since the controversial OP_RETURN function sparked debate in the Bitcoin community over what transactions should be allowed on the network, with Bitcoin Knots’ share rising to 22.7%.

Back is among many who opposed removing the 80-byte limit on the OP_RETURN function, stating in September that Ordinals-like spam has “no place in the timechain.”

However, he flagged that a solution like BIP-110 has the potential to freeze funds by rendering certain unspent transaction outputs (UTXOs) unspendable.

Ohm acknowledged that it is theoretically possible for funds to be frozen, but added: “This proposal goes to great pains to avoid affecting any known use cases.”

Related: Bitcoin holders are being tested as inflation eases: Pompliano 

Those in favor of non-financial transactions, like Bitcoin Ordinals leader Leonidas, have noted that the Ordinals and Runes ecosystems have contributed over $500 million in transaction fees to strengthen Bitcoin’s security — something which has become an increasing concern as the mining block subsidy continues to halve every four or so years.

Bitcoin Ordinals activity has tanked

However, Dune Analytics data shows that Ordinals inscription fees were consistently netting less than $10,000 per day for Bitcoin miners by the end of 2025, making it difficult for them to rely on non-financial transactions for revenue.

Ordinal activity peaked more than two years ago, with Bitcoin miners collecting almost $10 million in fees on Dec. 16, 2023.

Since then, fees have trended downward except for a few short-lived spikes.

Magazine: Did a Hong Kong fund kill Bitcoin? Bithumb’s ‘phantom’ BTC: Asia Express

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

Source: https://cointelegraph.com/news/adam-back-opposes-bip110-fixing-arbitrary-data-spam?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.01372
$0.01372$0.01372
-2.06%
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Share
BitcoinEthereumNews2025/09/18 05:59
Two Tokens Control 86% of the Stablecoin Market and the Gap Is Not Closing

Two Tokens Control 86% of the Stablecoin Market and the Gap Is Not Closing

The global stablecoin market has crossed $333 billion in total supply, and the distribution of that capital is more concentrated than at any point in the asset
Share
Ethnews2026/03/14 08:13
BitGo offers regulated trading services for European institutions

BitGo offers regulated trading services for European institutions

The post BitGo offers regulated trading services for European institutions appeared on BitcoinEthereumNews.com. Key Takeaways BitGo has launched regulated trading services in Europe after receiving approval from German regulator BaFin. The new service offers European institutions a platform that combines asset custody, trade execution, and aggregated liquidity. BitGo launched regulated trading services for European institutions today, following approval from German financial regulator BaFin. The digital asset infrastructure company now offers European institutional clients access to trading services that combine custody, execution and aggregated liquidity. BitGo Europe said the platform provides infrastructure for institutional participation in digital asset markets. The services target European institutions seeking regulated access to crypto trading through a single platform that integrates multiple functions including asset custody and trade execution. Source: https://cryptobriefing.com/bitgo-regulated-trading-europe-bafin-approval/
Share
BitcoinEthereumNews2025/09/18 06:25