Crypto & Forex July 28, 2026 0 Comments

Michael Saylor Blows the Lid Off BIP-110 Fork Drama: Why Messing with Bitcoin Could Be the Biggest Mistake Yet!

When it comes to Bitcoin, is tinkering with the core protocol a daring move or just plain reckless? Michael Saylor, the mind behind Strategy, didn’t hold back on July 27, throwing serious shade at the latest Bitcoin upgrade proposal, BIP-110. He slammed its supporters—many of whom are fresh faces in the Bitcoin world—as eager newbies trying to “fix” what he insists isn’t broken. Saylor’s stance? Bitcoin’s fundamental code should change with the utmost caution—think rare, think conservative—because messing with the core too often might just invite chaos instead of progress. The proposed “Reduced Data Temporary Soft Fork” aims to reign in what its backers call network “spam,” targeting those Ordinals-like memecoin antics flooding the blockchain but has sparked fierce debate among insiders. Could this clash between innovation and preservation trigger a split in the community or a shakeup in the market? Buckle up, this Bitcoin saga is far from over. LEARN MORE

Strategy founder Michael Saylor has intensified criticism of the proposed Bitcoin BIP-110 soft fork upgrade.

On the 27th of July, Saylor slammed the supporters of the fork as new to the Bitcoin ecosystem yet wishing to change something that is working perfectly and does not need a fix.

According to him, Bitcoin core protocol changes should be rare and conservative, maintaining there is no need to ‘fix what isn’t broken.’

BIP-110 has emerged as the most controversial proposal in the Bitcoin community in 2026. Also called the ‘Reduced Data Temporary Soft Fork,’ it aims to restrict transaction data size.

BIP-110 is designed to temporarily fix the so-called network bloat, or what supporters call ‘spam.’ The end goal is to prevent Ordinals-like inscriptions from making Bitcoin a memecoin-heavy network like Solana.

However, it has also drawn sharp criticism and opposition from key public figures such as Saylor and Blockstream’s Adam Back.

For them, BTC shouldn’t be changed periodically. Besides, others claim that the proposed BIP-110 changes would make some old BTC addresses vulnerable to theft.

Saylor’s BIP-110 stance sparks backlash

Unsurprisingly, Saylor’s comment against BIP-110 supporters immediately sparked backlash. Paul Sztorc, one of the ardent believers in the soft fork, slammed Saylor and called him a ‘hypocrite.’

Is also a total hypocrite, since he himself is new to Bitcoin and he himself has injected his own terrible ideas, thus possibly ruining BTC. Truly bizarre.

Well, in 2012, Saylor was not a firm believer in Bitcoin, and like Peter Schiff, he dismissed it as gambling that would fade away. But he later pivoted.

In fact, he has gone all out to form even a Bitcoin Security Consortium, alongside Coinbase, BlackRock, and others, to ensure the network’s long-term security and resilience.

But with the BIP-110 upgrade already pitting him against ecosystem members, whether the corporate push to oversee Bitcoin’s security will bear fruit remains to be seen.

In the meantime, Bitcoin miner signaling support for BIP-110 has improved to 2.3%. Still, signaling needs to hit 55% for the upgrade to be activated ahead of the August 9 deadline.

If the current low support persists, there is a high risk of a temporary network split, which could also force exchanges accepting BTC to suspend transactions to readjust accordingly.

In fact, Pierre Rochard, a former VP of Research at Bitcoin miner Riot Platforms, claimed that BIP-110 was driving Bitcoin’s [BTC] as the asset slipped below $64K.

BIP-110 FUD is causing Bitcoin to crash.

It remains to be seen if the fork will be activated in August and whether it will affect the Bitcoin market.

Final Summary

Saylor told BIP-110 backers that they shouldn’t try to fix Bitcoin because it’s not broken.
Miner support for the soft fork has risen to 2.3% but is still far from the 55% threshold to activate the upgrade.