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- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
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- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Bitcoin's October update plans to remove OP_RETURN data limits, sparking controversy in the community.
Gate News bot message, Bitcoin core developer Gloria Zhao recently announced on GitHub that the upcoming Bitcoin software update will increase the data limit for a split function, allowing more images, text, and documents to be stored on the Bitcoin blockchain.
Specifically, the Bitcoin Core 30 update scheduled for release on October 30 will remove the controversial 80-byte limit on the OP_RETURN function and allow each output to carry up to 4MB of data.
Three days ago, 31 Bitcoin core developers signed a statement supporting the change, which is referred to as the merge pull request (MPR) #32406. Bitcoin developers had stated on May 5 that the data limits would be lifted.
The OP_RETURN function sparked the Ordinals craze last year, allowing Bitcoin users to publish everything on the blockchain, from NFTs to the Afghanistan war logs released by WikiLeaks in 2010.
This change has angered the conservative members of the Bitcoin community, who believe that non-financial data will clog the blockchain with spam and that the network should focus on peer-to-peer Bitcoin transactions.
Alexander Lin, co-founder of the cryptocurrency investment firm Reforge, stated on X that data limit expansion is a "terrible mistake" and that increasing the limits of this function "would increase the systemic risk of Bitcoin as a robust currency."
Other Bitcoin users, including the main author of the proposal, Peter Todd, believe that increasing data limits will expand the use of Bitcoin, making it no longer confined to the financial sector.
Zhao stated in a GitHub announcement that Bitcoin Core developers tend to take a more hands-off approach, allowing users to use the blockchain in their chosen manner: "Asking Bitcoin Core to block certain transactions from being mined reflects a misunderstanding of the relationship between open source software users and developers."
Several Bitcoin developers, including Satoshi Action Fund CEO Dennis Porter, have expressed dissatisfaction with the expansion of data limits.
"I once helped Bitcoin core developers raise over $200,000. Now I have lost confidence in their work." Porter added that he would no longer support the development of Bitcoin core.
Jason Hughes, the Vice President of Bitcoin mining company Ocean, hinted that he might exit the Bitcoin industry.
Source: Cointelegraph