An upcoming bitcoin software update will increase the data range on a divisive function that will allow much more images, texts and documents to be stored on the bitcoin blockchain, saying a developer.
Bitcoin Corps 30 updated 30 October Slated Slate for October 30. The 30-Bite will remove the limit on controversial OP_Return function and allow each output to be taken to 4 megabyte data, bitcoin core developer Gloria Jhao Posted For Github on Monday.
It comes three days after 31 bitcoin core gods Signed a statement Support of change, known as merged bridge request (MPR) #32406. Bitcoin Devas indicated on 5 May that The data range will be removed.
OP_RETURN enabled Ordinal Craze last year, allowing bitcoin users to post everything on blockchain Collections like non-fungting tokens For the Afghan war log published by WikiLeaks in 2010.
Slated Change influenced the conservative sect of the bitcoin community, arguing that the non-financial data closes the blockchain with spam and assumes that the network should focus on peer bitcoin from a colleague (BTC) Exchange.
Crypto investment firm co-founder Alexander Lynn Said The data limit on X is a “terrible mistake”, and claimed that increasing the limit on the function “increases systemic risk for BTC’s main property Sound money,
Including the lead author of other bitcoinar, Proposal, Peter Tod, believes that increasing data limit will expand Case of use of bitcoin Beyond finance.
Bitcoin Devas say let users decide
In the GITHUB statement, Zhao said that Bitcoin Corps Devas supported the more hand-off approach, which can use the user series, although they choose:
“Demanding that bitcoin core prevents some transactions from mining, open source software reflects the misconception of relationships between users and developers.”
Belcoin core confidence in the core “broke”
Many bitcoins expressed disappointment over data range expansion, including Dennis Porter, CEO of Satoshi Action Fund.
“I have helped to raise more than $ 200,000 for core gods during my time in bitcoin. My faith in their work is now broken,” Porter Said, Saying that he would no longer support bitcoin core development.
Jason Hughes, Vice President of Bitcoin Mining Firm Ocean, Indicated He can walk away from the bitcoin industry.
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“Personally, I am out of energy on this fight,” he said in a long X post.
Bitcoin core lose market share
Since Tods introduced MPR #32406 on April 28, Dominance in market share of bitcoin core Bitcoin nodes About 98% to 88% is slight noted On X.
Bitcoin Notes Client has chalked almost everyone, if not all, then there is a share in the market that is now sitting at 11.48%, coin.dance data Show.
Bitcoin commentator Matthew R. Creater Said The decision to increase the data limit can make the magic of long-term troubles for bitcoin core, adding its dominance to the range of 20–30% within the next one to three years.
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