
Understanding Bitcoin Core’s Controversial Policy Change
By Staci Costopoulos
Aired Jul 16, 2026 · 1h 20m · Last boosted Jul 23, 2026
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Show Notes
One of my biggest takeaways was admitting that I got something wrong. I believe Bitcoin Core’s decision to quickly reject Luke Dashjr’s proposal while simultaneously changing the default policy limit primarily benefited the largest miners and squeezed out smaller ones. Michael explained that the intent was actually the opposite. The concern was that Bitcoin’s relay policy had drifted away from Bitcoin’s consensus rules, creating situations where larger miners could gain an advantage. The policy change was intended to bring those back into alignment. Whether you agree with that reasoning or not...
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Damn, this is such a disingenuous take it's hard to believe. Firstly, every fork produces two chains. Just because one chain has 90-95% support doesn't mean that other chain does not exist. Secondly, the proposed soft fork is already agreed upon by every node because it's not adding new rules. That's kind of the point. Thirdly, this project was not rushed. It has been talked about for going on three years now. Not only is the "this is rushed" narrative false, but also it has little bearing on such a small code change. I don't care about BIP110, I think it's fine. Not good or bad, just fine. However, Mike here is pretty biased. For example, saying Bitcoin Core takes a lot of time and does a lot of testing, yet activated Taproot, which allowed for inscriptions. Meanwhile saying that BIP110 is causing a problem. It basically makes Bitcoin like it was in 2022. This is kind of the problem with having a non-technical person interview a technical person because the technical person can lie either directly or by omission and the other person can't call them out because they don't know any better.
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More information on the most confusing softfork activation campaign in the history of Bitcoin...

























