TechFlow news, July 12, Blockstream co-founder Adam Back stated regarding the controversy surrounding BIP 110 in the Bitcoin community that, while understanding the supporters' desire to curb spam transactions and protect the network, the proposal essentially carries a tendency to intervene and monitor transaction behavior, which may erode Bitcoin's decentralization, security, and neutrality, violating the core spirit of Bitcoin.
MicroStrategy founder Michael Saylor reposted related views, stating that BIP 110 elevates the spam transaction controversy to a consensus layer change, potentially invalidating some currently valid transactions that have already paid fees; this precedent itself poses greater risks than the spam transaction issue, and the market should focus more on more critical systemic threats.
Previously, David Bailey, Chairman of Bitcoin treasury company Nakamoto and Chairman of Bitcoin Magazine, posted stating that the failure of the so-called "BIP-110" long-term controversy event constitutes an "extremely bullish" outcome for Bitcoin, and believes this further validates the network's resistance to attacks and splits.
