PANews March 3 News, according to CoinDesk, the first block supporting the BIP-110 proposal was mined by Ocean Pool on the Bitcoin network this week. The proposal aims to temporarily soft fork to limit arbitrary non-financial data in blockchain transactions over approximately 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. Critics like Blockstream CEO Adam Back warned that intervention at the consensus layer could damage Bitcoin’s credibility, lead to differentiated treatment of transactions, and violate the principle of transaction capacity neutrality. He also questioned the actual support for the proposal, suggesting it could increase the risk of blockchain splits.
The controversy escalated further when a developer embedded a 66KB image in a Bitcoin transaction to oppose the core claims of BIP-110, demonstrating that large amounts of data can be encoded even without relying on OP_RETURN. This debate highlights long-standing ideological differences within the Bitcoin community: whether to firmly defend Bitcoin’s pure monetary identity or to maintain maximum neutrality regarding arbitrary uses at the base layer.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Hits 6-Year Peak in Whale Activity As Price Stands Stable Near $70K
Bitcoin ($BTC) has hit a 6-year high in whale activity, with the Exchange Whale Ratio rising to 0.62. This surge suggests a potential market turning point, as large holders position themselves for upcoming trends, presenting opportunities for retail investors amidst contrasting market sentiments.
BlockChainReporter17m ago
Polymarket Data: The probability of Bitcoin rising back to $100,000 within the year is 40%
Gate News reports that on March 15, Polymarket prediction market data showed that the probability of Bitcoin reaching $100,000 within the year is 40%, the probability of reaching $90,000 is 53%, and the probability of reaching $80,000 is 76%. Additionally, the probability of BTC dropping to $50,000 within the year is 61%.
GateNews1h ago
'Rich Dad Poor Dad' Author: Bitcoin Will Go Up After 'Giant Crash' - U.Today
Robert Kiyosaki warns of an imminent economic crash, suggesting it’s a buying opportunity. He highlights Warren Buffett’s cash reserves and believes prices for gold, silver, and Bitcoin will rise post-crash, despite facing backlash over his investment claims.
UToday1h ago
Spot Bitcoin ETFs Push Inflows to Five-Day Streak, First in 2026
US spot Bitcoin ETFs posted their first five-day inflow streak of 2026, tallying roughly $767.32 million for the week and signaling renewed investor appetite for physical-exposure products amid a volatile macro backdrop. Net inflows on Friday reached $180.33 million, extending a trend that began
CryptoBreaking2h ago
