'They Don't Know Bitcoin': Adam Back Slams BIP-110 Supporters as Fork Deadline Nears

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The activation of the controversial BIP-110 soft fork, designed to cleanse Bitcoin of NFT-like Ordinals inscriptions for one year, is entering the final stretch. Exactly three weeks remain until the deadline at block 961,632, when nodes supporting the project will begin forcibly rejecting blocks that do not signal support for the upgrade. Advertisement Activists attempted to frame support for BIP-110 as the ultimate test of being a "true Bitcoiner". However, in response to claims that the soft fork would separate real Bitcoiners from fake ones, Blockstream CEO Adam Back offered a rather blunt assessment of his opponents' competence and stated directly: "They don't know Bitcoin". HOT Stories Shiba Inu (SHIB), Solana (SOL), Hyperliquid (HYPE) and XRP Price Analysis for July 20: Fresh Week Without Fresh Liquidity Ethereum Developer Consensys Denies User Data Was Compromised The debate dividing Bitcoin leaders ahead of the split According to Back, supporters of the initiative may have good intentions, but they simply do not understand how Bitcoin works and confuse real consensus with ultimatums issued on social media platforms such as X. Advertisement The situation surrounding BIP-110 has divided the Bitcoin community into two camps. One side believes spam transactions must be forcibly restricted to protect the network's decentralization, while the other sees the proposal as a threat to permissionlessness. i do think the bipcoiners are bitcoiners, they're just misled, don't know how bitcoin works, nor bitcoin IETF-like process works; and sadly some of them are going to get disillusioned in a few weeks when 110 forks off and stalls. — Adam Back (@adam3us) July 20, 2026 Opponents of the fork, including Back and Strategy founder Michael Saylor, who recently published a manifesto against the upgrade, insist that transaction fees must be determined by the market. Advertisement According to the latter camp, Bitcoin must remain economically neutral , while any attempt to filter data represents subjective censorship that undermines the very nature of the system. You Might Also Like Mon, 07/20/2026 - 11:39 Bitcoin Whale Accumulation Hits Five-Month High but Smaller Holders Are Selling By Caroline Amosun Despite the intense debate across media platforms, on-chain statistics show that miners and major capital holders have largely ignored the project. Actual signaling participation among mining pools remains stuck at 0.86%. To lock in the upgrade under its reduced activation rules, the project must secure at least 55% of the network's hash rate, which is now mathematically unrealistic. No exchange-traded futures have emerged for the fork, and it has neither liquidity nor meaningful funding. Back even mocked the movement's organizers for failing to monetize the campaign and raise money for a "cypherpunk afterparty". In three weeks, when the mandatory signaling code takes effect, nodes supporting the upgrade will begin rejecting standard blocks, potentially causing a Bitcoin chain split. However, because the new branch lacks sufficient computing power, Back predicts that it will immediately reach a dead end. #Adam Back #Bitcoin News