cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money

-

by

cryptd.in
in

Bitcoin maximalist Justin Bechler has warned that the failure of BIP-110 would leave BTC permanently under the control of what he called a “fiat funding apparatus.”

He also argued that the network would lose its role as permissionless, censorship-resistant money.

BIP-110 Is Bitcoin’s “Line in the Sand”

With debate over the proposed soft fork continuing to divide members of the Bitcoin community, Bechler took to X, writing a lengthy post titled “My Plan for the Death of Bitcoin,” where he framed BIP-110 as a direct response to what he called catastrophic spam abuse that BTC’s network has suffered since February 2023, worsened after Core v.30 removed limits on OP-RETURN data.

According to him, Bitcoin’s defining feature is that anyone can run a node to use it as censorship-resistant money. Furthermore, Bechler claimed organizations such as Brink, Chaincode Labs, Spiral, OpenSats, and the Human Rights Frontier are reshaping the future of Bitcoin Core by “waging war against nodes.” As such, he claimed BIP-110 is necessary to protect that principle from growing centralization, and if it failed, it would embolden Core developers to strip away all the remaining restrictions until “nobody runs a node but Wall Street and government institutions.”

“If BIP-110 fails,” he wrote, “Bitcoin will have failed at its singular purpose and it will have been repurposed for non-monetary ‘use cases.’”

The BTC enthusiast also predicted that miners will, in the end, support the proposal because signaling costs them nothing, while rejecting it risks losing block rewards from enforcing nodes.

But despite saying that he would stop running a Bitcoin node and refuse to support a fork were the measure to fail, Bechler insisted that he was still optimistic about the OG crypto network’s future. “Bitcoin will win,” he wrote, adding that BIP-110 had already surpassed the signaling level reached by BIP-148 the day before its activation.

Community Still Divided Over the Proposal

The latest dispute comes on the heels of earlier criticism in late June, when opponents claimed that BIP-110 could make some wallet-generated addresses unspendable once it was activated. And as is expected of such emotive subjects, Bechler’s latest warning also drew mixed reactions across the Bitcoin community.

One of them, BTC Inc’s Brandon, dismissed the post as “the type of rage quit that will form a generational bottom,” while another, podcast host Stephen Livera, argued that supporters of an alternative chain would ultimately create an altcoin separate from “the real Bitcoin.”

In another post, Livera shared comments from BTC developer Gregory Maxwell, who accused some of the advocates for BIP-110 of framing the proposal as an anti-spam measure while denying that same motivation when challenged.

Meanwhile, Chainstone Labs CEO Bruce Fenton took a different position, saying he was not deeply invested in the technical details but also suggesting that the larger risk for Bitcoin comes from increasing centralization and financialization and not the proposal itself.

Others, while remaining supportive of BIP-110, adopted a less absolute stance than Bechler. For instance, CoinCube founder Robert Allen 말했다 if the proposal failed, he wouldn’t abandon Bitcoin, although he would become more cautious and would also push for wider support for non-Core implementations such as Bitcoin Knots.

게시물 Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (452) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.