CoinDesk·4 min read·hard
Bitcoin's biggest advocate, Michael Saylor, says new plan to clean up the blockchain is 'a bad idea'
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Omkar Godbole
✦AI Summary
Michael Saylor, a prominent Bitcoin advocate, has publicly criticized the Bitcoin Improvement Proposal (BIP) 110, which seeks to restrict arbitrary data on the blockchain. Saylor argues that the proposal threatens the network's core principles and introduces dangerous precedents regarding protocol governance.
The Bitcoin Improvement Proposal (BIP) 110, aimed at temporarily restricting arbitrary data to focus on the core monetary functions, is a threat to the main principles of the network, Saylor explained in a comprehensive critique published on X , titled “110 reasons BIP-110 is a bad idea.”
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