Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal

CoinTelegraph·

Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal

60-second summary

Bitcoin proponents Michael Saylor and Adam Back are strongly criticizing the BIP-110 Ordinals proposal, despite a significant decline in Ordinals transaction activity over the last two years, with a 90% drop in on-chain Ordinals transactions. This backlash from prominent figures highlights the ongoing debate surrounding Ordinals, potentially influencing its adoption and future development.

The ongoing debate comes despite a broad downturn in Ordinals transaction activity over the last two years.