Adam Back Talks About Bitcoin BIP-110 Controversy. “Satoshi Was Not Retarded”
Adam Back, Blockstream’s CEO, dismissed claims that Satoshi Nakamoto backed BIP-110, a contested Bitcoin (BTC) delicate fork proposal. He mocked its backers on X for failing to fund what he known as a cypherpunk summer season celebration.
The trade unfolded on July 18, 2026, as the controversy over BIP-110 proposal approaches a essential signaling deadline. Back predicted the fork try would collapse inside weeks of that deadline.
Adam Back Questions the Satoshi Assumption
A consumer on X argued Nakamoto would nonetheless again BIP-110 if he have been alive at present. Back rejected the premise outright. He then questioned whether or not Nakamoto is even lifeless, calling it pure hypothesis both approach.
Back additionally denied being Nakamoto himself. The comment reopened a long-running debate over Bitcoin governance and who speaks for its founding imaginative and prescient. Back has weighed in on this dispute earlier than, in his earlier fork risk warning.
Bitcoin, in the meantime, traded close to $63,944 on the Bitcoin price chart, up 1.43% in 24 hours.
BIP-110 Struggles to Gain Miner Support
BIP-110 would briefly cap the scale of arbitrary information miners can embed in Bitcoin transactions, concentrating on Ordinals-style inscriptions. However, miner backing has stayed minimal thus far. Signaling information present simply 0.86% of blocks within the present problem interval assist the proposal. That is much wanting the 55% threshold wanted for lock-in.
Back mocked the proposal’s backers instantly, pointing to their failure to monetize the marketing campaign.
unhappy half is we didnt handle to get the 110 fork to pay for the cypherpunk summer season afterparty. no airdrop, no liquidity, no fork futures. no cash the place their mouth is. ofc as they too understand it’s failed.
The remark, in the meantime, echoes the long-running BIP-110 dispute that has break up builders for months.
What Happens When Signaling Turns Mandatory
Mandatory signaling begins round block 961,632, roughly three weeks from Friday’s chain tip close to block 958,529. Back predicted the fork would stall virtually instantly afterward.
He mentioned the primary necessary signaling block would set off an computerized break up. Bitcoin nodes all the time observe the chain with essentially the most cumulative work.
Miners would have little purpose to maintain mining as soon as their chain fell behind, Back mentioned. He in contrast the deserted fork to a “Pompeii chain,” frozen as a monument to the try’s failure.
The prediction follows Back’s earlier pushback in opposition to separate claims that Bitcoin would successfully fire noncompliant miners in August.
It additionally lands alongside renewed chatter about Satoshi’s dormant coins, one other flashpoint within the identification debate.
Whether BIP-110 prompts or fades away could hinge on what number of miners flip the change as soon as signaling turns necessary.
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