Bitcoin's biggest advocate, Michael Saylor, says new plan to clean up the blockchain is 'a bad idea'

CoinDesk·

Bitcoin's biggest advocate, Michael Saylor, says new plan to clean up the blockchain is 'a bad idea'

60-second summary

Michael Saylor strongly opposes BIP-110, a proposal to temporarily block "spam" data from the Bitcoin blockchain, arguing it would undermine the network's neutrality and set a dangerous precedent for censorship, potentially compromising the integrity of the blockchain. This move could lead to a loss of trust among users and investors, impacting Bitcoin's long-term growth and adoption.

Michael Saylor argues that a new proposal, BIP-110, to temporarily block "spam" data from the Bitcoin blockchain would undermine the network's neutrality and create a dangerous precedent for censorship.