Michael Saylor Comments on Bitcoin Block Space and Low Transfer Fees

Unverified — auto-generated summary, not yet reviewedBitcoinJul 9, 2026

Bitcoin's BIP-110 soft fork is collapsing under near-zero miner support, fierce community opposition, and chain-split risk as its mandatory-signaling phase opens.

Michael Saylor stated publicly that the free market has resolved Bitcoin block space concerns and that transfer fees remain low. No specific fee data or on-chain metrics were cited alongside the statement.

1 source

Michael Saylor: Free Market Has Resolved Bitcoin Block Space Anxiety, Transfer Fees Still Low · panewslab.com · T2

Story timeline · 10 entries

Aug 5, 2026✦ Take 2 clips
BIP-110's Doomsday Option Surfaces
Days before BIP-110's mandatory-signaling window opens (~Aug 9), a developer rebases Dashjr's 2017 proof-of-work-change code onto Knots as a "last resort" against miner resistance — while Foundry puts signalling to a customer vote
Aug 2, 2026✦ Take
BIP-110 Misses Its Threshold
BIP-110's 55% voluntary signaling becomes mathematically unreachable at 2.54% support, all from OCEAN — with the proposal's built-in mandatory phase, and a possible minority split, due within days
Jul 24, 2026 2 clips1 tweet
BIP-110 Splits Bitcoin: 15K Nodes Activate
BIP-110 fractures Bitcoin community as 15,000+ nodes activate despite fierce opposition and near-zero miner signaling
Jul 20, 2026 1 clip
Saylor Opposes BIP-110 Soft Fork
Saylor escalates opposition with formal 110-point essay as BIP-110 miner signaling remains below 1% and August deadline approaches
Jul 16, 2026
BIP-110 Debate Continues
Bitcoin community remains divided over BIP-110 as activation deadline approaches with near-zero miner backing persisting
Jul 15, 2026
Bitcoin Junk Data Softfork Debate
New reporting documents a separate Bitcoin softfork proposal targeting on-chain data policy as BIP-110 governance debate continues.
Jul 13, 2026
BIP-110 Fork Loses Support
BIP-110 community support collapses as near-zero miner backing is confirmed and opposition from Saylor and Back is formalized.
Jul 12, 2026
Back and Saylor Oppose BIP110
Adam Back and Michael Saylor unite to jointly oppose the BIP110 filtered fork proposal
Jul 9, 2026This story
Saylor: BTC Block Space Resolved
Michael Saylor stated publicly that the free market has resolved Bitcoin block space concerns and that transfer fees remain low. No specific fee data or on-chain metrics were cited alongside the statement.
Jul 5, 2026
BIP-110 Collapses; Bitcoin Fork Averted
BIP-110 miner signaling collapses below 10%, forcing exchanges to prepare for August fork deadline