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YEGHRO24d ago
Has anyone actually broken down and explained why bip110 is a threat and an attack? I’d be interested to hear what it technically does.
💬 9 replies

Replies (9)

Maple24d ago
A fork, splitting the chain without consensus, is an attack on Bitcoin. As it stands, this has no chance of gaining consensus and relies on a retarded game theory, which assumes the minority will be able to force everyone else against their will. Consensus, or they can fork off
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DrDaniel ⚡️ BIP11024d ago
It's a threat and attack to people making money with runes and inscriptions, etc
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Parman - Activate OP_GFY now!!24d ago
Obituary to your reputation and integrity, Odell.. https://youtu.be/5_aOb0Mru28
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GFY24d ago
HIS ONLY DEFENSE I'VE HEARD IS, "LOOK AT WHAT VC AND OTHER PARASITES ARE DOING (ITS WAY WORSE THAN WHAT I'M DOING)" ZERO CREDIBILITY LEFT, HE IS PART OF THE PROBLEM
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BIP110-er - No garbage in my storage.21d ago
BIG THANKS
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ODELL23d ago
since bip110 has nowhere near consensus it will result in a chain split when they activate the main chain will have blocks mined significantly faster than the bip110 chain if miners switch to bip110 days, weeks, months after activation it will reverse every bitcoin transaction that happened on the main chain during that period considering luke calls everyone that doesnt support his fork a pedo, the tactic he will use to try to get miners to switch seems obvious
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SatsAndSports23d ago
Bip 110 would have the effect of putting spam into the UTXO set, harming node decentralisation, and the strict relay policy of Knots would centralise mining by encouraging miners to use out-of-band systems. It's an attack on all the important aspects of decentralisation, including Luke's desperate attempt to make himself the lead developer This debate ended in early 2024 when, in response to Mara's Slipstream, the bitcoin network (without asking permission from Core or Knots) relaxed relay policy in order to defend mining decentralisation
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LLee21d ago
Bitcoin either maintains censorship resistance, or it doesn’t. You cannot be a little bit pregnant. Bitcoin cannot be a little bit neutral. It is our money, AND the money of our adversaries. BIP110 is stupid. Its supporters are very stupid, and they are “here to fix spam.” Think about how big a person’s ego must be in order for them to believe they know how to roll back the chain and pick an alternate outcome based on a censorship campaign they created.
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Bayer20d ago
This summarizes it well https://blog.lopp.net/a-laymans-guide-to-bip-110/
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