Adam Back Calls Bitcoin BIP-110 Idiocracy
Blockstream CEO Adam Back dismissed BIP-110 supporters as "idiocracy" on X. They had pushed a "flip the bit" plan to activate the proposal, which would restrict non-financial data on Bitcoin's network.
BIP-110, or Bitcoin Improvement Proposal 110, needs majority miner signaling to lock in by early August 2026. Back said Bitcoin's main chain faces no threat if that support never appears.
What the 'Flip the Bit' Plan Proposes
Bitcoin infrastructure firm Start9 framed the activation as risk-free reconnaissance. The firm argued that flipping the bit costs roughly 0.1% of a miner's revenue over a year.
Refusing, it warned, risks a chain split, stranded Lightning Network (LN) counterparties, and lost fee-paying users.
The rule targets Ordinals, image and text files embedded directly inside Bitcoin transactions that critics say clutter the chain. However, Back rejected the Start9 framing outright.
He argued that the signal simply expires without broad backing. The clash extends an earlier Bitcoin Satoshi Nakamoto debate over BIP-110, where Back rejected claims that Satoshi Nakamoto would have supported it.
… Continue reading the full article at the original source below.
