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[Opinion] 'Does Not Matter One Bit': Ripple CTO Emeritus Schwartz Fires Back at Bitcoin Spam Purists

Summary by u.today
Following the BIP-110 collapse, David Schwartz fires back at Bitcoin cando-purists, declaring that network opinions "don't matter one bit".
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Key points of the news: Schwartz, former CTO of Ripple, responded to Bitcoin purists stating that outsiders’ opinion of foreign transactions “does not matter at all.” Bitcoin’s 962266 block was dominated by NFT inscriptions and custom scripts, becoming a manifesto against artificial restrictions. Following the collapse of the BIP-110, the network was flooded with deliberately heavy blocks, demonstrating the market’s rejection of on-chain censors…

🚨 Bitcoin's BIP 110 failed, and the number of blocks carrying heavy data increased on the network. 📦 In block 962266, traditional transfers were in the minority, with inscriptions dominating the space. 💬 David Schwartz argued that transactions that pay their fees should be neutralized on the network. ₿...

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u.today broke the news on Friday, August 14, 2026.
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