Adam Back Warns BIP-110 Proposal May Suppress Bitcoin's Upgrade Capabilities

BTC0,33%

Gate News, March 16 — Discussions around Bitcoin Improvement Proposal (BIP) 110 continue to intensify. Bitcoin pioneer and Blockstream co-founder Adam Back retweeted a reminder to the community about the risk that Bitcoin upgrade capabilities could be suppressed. Although the proposal is described as a temporary soft fork to clean up “junk data” on the chain, aiming to curb on-chain data bloat caused by protocols like Ordinals, its design is controversial. BIP-110 would disable the OP_SUCCESS opcode in Tapscript, which is considered an important reserved mechanism for future soft fork upgrades of Bitcoin. Additionally, the proposal would limit the Taproot control block size to 257 bytes, potentially impacting the development of Layer 2 technologies like BitVM that rely on extensive script execution. While BIP-110 is positioned as a “temporary measure,” Bitcoin soft fork upgrades typically require years of coordination, and restricting upgrade interfaces during this period could have long-term consequences.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

KelpDAO Hacker Launders 34,500 ETH Worth $80M, Swaps Majority to BTC via Cross-Chain Protocol

Gate News message, April 22 — KelpDAO hacker began laundering ETH yesterday afternoon (April 21) and has since moved 34,500 ETH, valued at approximately $80 million, according to monitoring data. The majority of the stolen ETH has been swapped to BTC through a major

GateNews12m ago

Polymarket launches sustainable contracts: 10x leverage trading for BTC, NVDA, and gold

Polymarket announced on April 21 that it will launch sustainable contracts. The first batch of underlying assets will be Bitcoin, NVDA, and gold, with up to 10x leverage and 24/7 trading. It is now open to an early-user whitelist. After completing the CFTC DCM registration, it is able to offer long-position futures and perpetual contracts in the United States, with no expiration date. Around the same time, Kalshi announced a competing product, and market rumors suggest that the new round’s financing valuation is too high. Details such as fees, margin, and liquidation are pending publication ahead of the official launch.

ChainNewsAbmedia20m ago

Bitcoin at $79,959 Would Trigger $1.573B in Short Liquidations Across Major CEX

Gate News message, April 22 — According to Coinglass data, if Bitcoin breaks above $79,959, cumulative short liquidations across major centralized exchanges would reach $1.573 billion. Conversely, if BTC falls below $72,483, cumulative long liquidations across major CEX would reach $1.248 billion.

GateNews40m ago

Polymarket Launches Perpetual Contracts Trading for BTC, Gold, NVIDIA, AAPL and More

Polymarket launched perpetual contracts for leveraged long and short trades on assets like gold, BTC, NVIDIA, and AAPL, with early access for registered users.

GateNews45m ago

DDC Enterprise Reports Record $39.2M Revenue, Holds 2,383 BTC Worth $182M

DDC Enterprise reports 2025 revenue of $39.2M (+4.6%), holds ~2,383 BTC (~$182M) in the top 30, and unveils the AI-driven DDC Treasury Intelligence Platform for optimized Bitcoin fund management.

GateNews51m ago

Whale @Jason60704294 Reopens 717.491 BTC Long Position Worth $54.33M at $75,731.7

Bitcoin whale @Jason60704294 reopened a long, buying 717.491 BTC at $75,731.7 (~$54.33M); incomplete screenshot hints a larger position. The prior long was liquidated on April 14 at $73,500 with ~\$5M loss, possibly avoiding more losses if markets rallied. Abstract: On-chain analyst Ai姨 reports that whale account @Jason60704294 has reopened a Bitcoin long by purchasing 717.491 BTC at $75,731.7, valued at about $54.33 million. A shared screenshot appears incomplete, suggesting the position could be larger. The account’s previous long was liquidated on April 14 at $73,500, incurring roughly $5 million in losses, but this loss may have shielded against further losses from a later rally.

GateNews1h ago
Comment
0/400
No comments