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Ripple CTO Schwartz says Bitcoin network use opinions "don't matter one bit" after BIP-110 failure

Market News
14 Aug 2026, 12:15 WIB
UToday
View Source
Neutral
Ripple CTO Schwartz says Bitcoin network use opinions "don't matter one bit" after BIP-110 failure

After the failure of Bitcoin's BIP-110 soft fork aimed at limiting nonfinancial data, Bitcoin blocks were flooded with heavy data like NFTs, challenging censorship efforts. Ripple CTO Emeritus David Schwartz emphasized that in public blockchains, opinions on others' transactions are irrelevant as long as fees are paid. He argued that attempts to restrict transaction types risk turning blockchains into traditional banks, affirming Bitcoin's neutrality as long as economic balance is maintained through fees. This highlights the ongoing debate over blockchain censorship and network openness.

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