Why BIP110 Won’t Change Bitcoin | Mr Hodl & Wicked

Written By Danny Knowles
 

Listen: Spotify • Apple Podcasts • Fountain
Watch: YouTube

“In the end, it’s the economic majority of users who decide what Bitcoin is.”

Wicked and MrHodl join the show to break down why BIP110 won’t change Bitcoin.

We get into the fight over arbitrary data on Bitcoin, why they believe BIP110 fails to solve the problem it claims to address, and why miner signalling alone does not define consensus. The conversation covers Bitcoin Core, Knots, the blocksize war, SegWit, BIP148, spam, soft forks, hard forks, nodes, miners, exchanges, and the role of the economic majority in defending Bitcoin’s rules.

Is BIP110 a serious proposal, a virtue signal, or an attempted replay of old battles? And if Bitcoin can be changed without broad consensus, what does that mean for decentralisation?

Danny Knowles
Previous

How The State Makes Us Poorer | Max Hillebrand
Next

The Bitcoin Credit Gold Rush | Jeff Walton