Bitcoin advocates Michael Saylor and Adam Back have pushed back against the BIP-110 Ordinals proposal. The debate continues even as Ordinals transaction activity has fallen sharply over the past two years.
Bitcoin advocates Michael Saylor and Adam Back have pushed back against the BIP-110 Ordinals proposal. The debate continues even as Ordinals transaction activity has fallen sharply over the past two years.
The dispute matters because proposals tied to Ordinals can shape how users interact with Bitcoin’s block space and how participants view the network’s direction. For readers and market participants, the debate reflects a broader conversation about Bitcoin’s identity, technical priorities, and the limits of non-payment use cases on the chain.
Bitcoin advocates Michael Saylor and Adam Back have rejected the BIP-110 Ordinals proposal, adding to an ongoing split in the Bitcoin community over how the network should handle Ordinals-related activity. Their criticism comes as the discussion around the proposal continues to circulate among Bitcoin supporters and developers.
The dispute matters because proposals tied to Ordinals can shape how users interact with Bitcoin’s block space and how participants view the network’s direction. For readers and market participants, the debate reflects a broader conversation about Bitcoin’s identity, technical priorities, and the limits of non-payment use cases on the chain.
The pushback also lands against a backdrop of weaker activity in Ordinals transactions. According to the source, transaction volume tied to Ordinals has broadly declined over the past two years, suggesting reduced momentum even as policy and technical arguments remain active.
That combination of lower usage and continued disagreement indicates that the issue remains important for the Bitcoin ecosystem beyond short-term activity trends. It also shows that influential Bitcoin figures continue to weigh in on proposals that could affect how the network is used and discussed.
Keep exploring
Empery Digital said it sold its Bitcoin treasury holdings to help finance an AI data center project, a move that comes after a shareholder pushed the company to abandon its Bitcoin strategy. The decision follows months of pressure on the firm’s leadership and board.
Read
Bonzo Lend said it lost about $9.05 million after an attacker used a manipulated oracle price update to borrow assets far beyond their collateral. The incident sent Bonzo’s total value locked down 77% and contributed to a nearly 40% drop in Hedera DeFi TVL over 24 hours.
Read
Crypto companies are facing a slower IPO market as investor attention shifts toward AI and broader macro uncertainty pressures risk appetite. Cohen & Company Capital Markets’ Christian Lopez said funding conditions, rather than regulation, are now the bigger obstacle for listings.
Read