Saylor published 110 reasons against BIP-110, a temporary soft fork to limit non-financial data on Bitcoin. He argues it threatens network neutrality and could stall BitVM innovation. Miner support remains low.
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Michael Saylor, executive chairman of Strategy and the single largest corporate holder of Bitcoin, published a lengthy essay and social media thread on July 18-19 laying out what he calls 110 reasons to oppose BIP-110, a proposed temporary soft fork that would restrict non-financial data on the Bitcoin network.
BIP-110, formally the “Reduced Data Temporary Softfork,” would cap outputs at 34 bytes and restore an 83-byte limit on OP_RETURN outputs. That would effectively invalidate data strings over 256 bytes – the kind used by protocols like Ordinals to embed images and text directly onto Bitcoin. The soft fork is designed to last roughly one year, with activation requiring about 55% miner signaling.
Miner support has been low. Miners collect fees from all transactions, including the data-heavy ones the proposal targets, so they have a financial incentive to keep the status quo.
Saylor’s core argument is that Bitcoin’s neutrality – the fact it processes transactions without judging their content – is sacred. Introducing content-based restrictions, even temporarily, sets a dangerous precedent, he said. Once consensus rules are altered to filter certain transaction types, the door opens to future modifications with far more serious consequences. He also flagged that BIP-110 could stall innovation pathways like BitVM-style contracting, which relies on flexible data embedding to enable more complex operations on Bitcoin.
Strategy holds hundreds of thousands of BTC and has built its entire corporate identity around Bitcoin as digital capital. Saylor’s opposition carries weight because of that position. When the largest corporate holder of Bitcoin publicly argues against a protocol change, it signals to institutional investors that the network’s conservative, don’t-touch-the-consensus-layer faction still has powerful advocates.
The BIP-110 debate echoes the Blocksize Wars of 2015-2017, when the community fractured over block size increases. That fight led to the Bitcoin Cash fork. The current dispute has a similar flavor: a technical proposal with deep philosophical implications, vocal factions on both sides, and no clear path to consensus. Low miner signaling suggests the proposal faces an uphill battle toward activation.
For those tracking the debate, Saylor’s 110 reasons are available on his X thread and on the Strategy website. The Bitcoin (BTC) profile provides a broader view of network metrics.
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