Michael Saylor opposes BIP-110, stating that its governance risk is greater than the problem it attempts to solve

BlockBeats News, July 19th, Strategy founder Michael Saylor posted a message stating his opposition to BIP-110, believing that the proposal attempts to restrict the use of transactions that are still valid and willing to pay fees through consensus rules, potentially escalating disputes over data storage and other use cases to protocol-level rules.

BIP-110 plans to add 7 consensus restrictions within a roughly one-year time frame, including limiting new script pubkey lengths, certain push data and witness item sizes, and disabling some Taproot extension paths.

He also listed 110 reasons against BIP-110. He opposes the proposal's adoption of a 55% miner signaling threshold, stating that it is significantly lower than BIP-9's 95% standard, and the removal of normal timeouts and FAILED states could increase coordination errors, chain splits, and market uncertainty.

Saylor believes that block space cost, node relay policies, miner strategies, pruning, and Layer 2 tools can address the relevant issues without altering the consensus. He emphasized that even if the rules are only temporarily effective, the governance precedent established may persist long term, hence, "the proposed governance solution is more dangerous than the problem itself."