Saylor and Back Push Back Hard on BIP-110 Ordinals Proposal
Bitcoin heavyweights Michael Saylor and Adam Back are vocal critics of BIP-110, even as Ordinals activity has slumped for two years.
Michael Saylor and Adam Back aren't holding back. Two of Bitcoin's most prominent bulls are taking direct aim at BIP-110, a proposal that would fundamentally change how Ordinals — the protocol behind Bitcoin-native NFTs and inscriptions — operate on the network. When names this big weigh in, the market listens.
The debate is heating up even though Ordinals transaction volume has been in a sustained slide for roughly two years. That context matters. Critics of BIP-110 argue the proposal is a solution chasing a problem that the market already largely solved on its own. Saylor and Back appear to be in that camp, signaling that any move to alter Bitcoin's base-layer rules for Ordinals is a step too far.
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For traders, this is a proxy war for something bigger: the soul of Bitcoin's block space. If BIP-110 gains traction, it could reshape fee dynamics, miner incentives, and the viability of on-chain inscription projects. If it stalls — which influential opposition like this makes more likely — the status quo holds and Ordinals projects keep whatever runway they still have.
Don't sleep on how developer politics move Bitcoin. A failed proposal can still rattle sentiment in the short term, especially across BTC-adjacent tokens tied to the Ordinals ecosystem. Watch fee markets and inscription volume for early signals on where this lands.
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