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Showing posts with the label cryptocurrency development

Bitcoin Core devs schedule OP_RETURN change for October

Perceiving victory as guaranteed, a powerful group of Bitcoin developers has scheduled a major change to Core software for October that would finalize their victory over conservative dissidents. If version 30 of Bitcoin’s most popular full node software launches on this schedule, Bitcoin Core’s default mempool will no longer filter OP_RETURN outputs with large amounts of non-financial data. Developers have been embroiled in disagreements this year over their willingness to easily queue up transactions across nodes with large amounts of data unrelated to the on-chain movement of bitcoin (BTC).  For the vast majority of Bitcoin’s existence, so-called OP_RETURN data carrier limits for Bitcoin Core’s default mempool limited outputs to under 84 bytes of data. This year, progressives led by Antoine Poinsot and Peter Todd decided to spearhead an increase to nearly 4MB . Flagging that change as irresponsible, antithetical to Bitcoin’s purpose, and overrun with corporate intere...