The Bitcoin network sees its first block supporting BIP-110, sparking controversy over restrictions on on-chain data usage.
ChainCatcher news, according to market sources, the bitcoin network has seen its first block supporting the BIP-110 proposal, mined by the Ocean mining pool. The proposal aims to temporarily limit arbitrary non-financial data in blockchain transactions through a soft fork for about one year. Supporters believe this can curb "junk" data occupying block space, protect bitcoin's role as a robust monetary infrastructure, and reduce the burden on node operators. The proposal has sparked intense debate within the community.
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