Bitcoin Core v30 removed the OP_RETURN restriction, and everyone's saying it's because the "Ordinals inscription restriction is invalid." The real reason isn't Ordinals at all; it's BitVM. This story is more important than the Ordinals narrative.
JinseFinanceThe OP_RETURN expansion controversy has been going on for nearly two years. Although the core developers are planning to implement the expansion in the Bitcoin core software updated in October, the controversy continues and this is not the final result.
JinseFinancePeter Todd and Luke Dashjr debate Bitcoin's OP_RETURN limit. Is it time to remove data limits or fight spam with stricter filters?
JinseFinanceA diversified Bitcoin ecosystem with two or three equally powerful Bitcoin client software, code bases, and development and maintenance teams competing with each other, following a set of Bitcoin consensus, cooperating but different, fighting but not breaking.
JinseFinanceIt is suggested to remove the 80-byte limit on OP_RETURN, which is controversial about freedom and block space. Supporters say that invalid restrictions can be circumvented to increase miners' income, while opponents worry about the crowding out of non-transaction data and suggest strict selection of clients.
JinseFinanceZhao Changpeng, Binance, Crypto Pain Period Totem CZ Returns, Can Confidence and Innovation Vitality Reappear? Golden Finance, Everyone Misses the CZ Era, But History Rolls Forward.
JinseFinanceJinseFinanceThe OP_Return Wars unfold as Jeff Garzik challenges Counterparty's use of blockchain space. Counterarguments, implementation complexities, and concerns about network abuse surface. Despite differences, the Counterparty community seeks collaboration for resolution.
Cheng YuanThe OP_Return Wars of 2014 reveal a clash of cultures within the Bitcoin community, influencing Dapp development. While Ethereum offered technical advantages, it was the Bitcoin community's resistance to alternative use cases that accelerated the migration to alternative platforms.
Cheng YuanNotable participants include zkSync, Solana, thirdweb, alongside well-known brands such as Google, Manchester United, and Hugo Boss.
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