Bitcoin core developers have decided to remove a transaction data limit on the next network upgrade, which enables more data to include in a better way.
“The next release of the bitcoin core is, by default, relay and transactions to me that op_return outputs exceed 80 bytes and allow any number of these outputs,” read the announcement Bitcoin’s Github Ghreg Sanders on May 5.
The long limit was originally a “gentle signal whose block space should be used safely for non-paying proof of publishing data,” has revived its utility, he added.
The proposal (PR 32359) was created by Bitcoin Pioneer Peter Todd At the request of the chaincode labs.
OP_RETURN is a special type of bitcoin (Btc) transaction output that gives – -storing small amounts of data to the blockchain, which is grateful during the time of The inscriptions of the ordinals are craving In early 2024.
Unlike regular transaction outputs, op_return outputs€).
The original limit was no longer effective as people found ways around it, such as using fake output addresses, which is really worse for the network, while some mining services are ignoring the limit, Sanders says.
“Large data inscriptions occur anyway and can be done in more or less abusive ways; the cap only channeled them in stronger forms that cause network damage.”
Related: Bitcoin block size can grow to 4 MB with inscriptions: research
The benefits of removing the limit include a cleaner set of UTXO, or database of output expenses, more and more behavior throughout the network, and better alignment with how bitcoin is used, he added.
Three possible paths are considered: Keeping the lid, lift the lid and removing the lid, which is eventually decided after earning “wide, even if not united, support.”
A controversial change in bitcoin
“Many users find an unpleasant change for many reasons,” Says Bitcoiner Samson Mow on X on X on May 5. He added that users “may refuse to upgrade and stay at 29.0 or run another implementation” of the network.
Critics said the proposal was introduced without proper consensus process.
“I think one thing is pretty clear. There is no consensus at the moment on the OP_RETURN issue,” Says Ten31 Partner Marty Bent’s management management.
Some have also expressed concerns about removing the Bitcoin financial utility and raised questions about unspecified conflicts of interest.
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