If someone could explain, with details, the claim that BIP110 gives Luke control, that would help many people make a more informed decision.
I spent the last few weeks looking into this as deeply as possible. What I concluded is that this is a political power struggle much more than a technical fix. It has to do with what we believe bitcoin to be, but it also has to do with how it is upgraded and governed.
The BIP110 camp knows that this BIP only stops spam in Op_Return. Spam can be added to other areas of a transaction with very little loss. Knots and BIP110 are a vote of no confidence in Core. In order to stop spam permanently there would need to be more BIPs and that's the slippery slope most of the Core side is concerned about.
The Core team is trying to dismiss the debate by not engaging in it. They have the upper hand through momentum so it's better if they don't engage in the drama and get people thinking too hard about this. Many of them think Luke is a nut who wants to control Bitcoin but I think that's more of a reflection of their fear of losing control. Regarding the recent software changes their concern seems to be more about UTXO bloat than spam. The way the inscriptions were running was bloating the UTXO set in a huge way. However there's also a small subset of Core people who seem to be pro-shitcoins on Bitcoin.
I think both sides want Bitcoin to succeed, but have different visions about what that will look like. The way BIP110 flag day was set feels irresponsible to me because it's threatening to fork Bitcoin. I'm not sure if this issue is significant enough to make a move like that. The arguments being presented publicly are often ad hominem or they are failing to speak to the political nature of this situation so it's very confusing.
I'm certainly still missing information, but this is my best guess at what's happening so far.
Core = Incumbent / Knots = Opposition
The BIP110 camp knows that this BIP only stops spam in Op_Return. Spam can be added to other areas of a transaction with very little loss. Knots and BIP110 are a vote of no confidence in Core. In order to stop spam permanently there would need to be more BIPs and that's the slippery slope most of the Core side is concerned about.
The Core team is trying to dismiss the debate by not engaging in it. They have the upper hand through momentum so it's better if they don't engage in the drama and get people thinking too hard about this. Many of them think Luke is a nut who wants to control Bitcoin but I think that's more of a reflection of their fear of losing control. Regarding the recent software changes their concern seems to be more about UTXO bloat than spam. The way the inscriptions were running was bloating the UTXO set in a huge way. However there's also a small subset of Core people who seem to be pro-shitcoins on Bitcoin.
I think both sides want Bitcoin to succeed, but have different visions about what that will look like. The way BIP110 flag day was set feels irresponsible to me because it's threatening to fork Bitcoin. I'm not sure if this issue is significant enough to make a move like that. The arguments being presented publicly are often ad hominem or they are failing to speak to the political nature of this situation so it's very confusing.
I'm certainly still missing information, but this is my best guess at what's happening so far.
Core = Incumbent / Knots = Opposition
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