Binance Square

WhatNext

18,819 views
18 Discussing
udara32
--
Bitcoin's Big Brain Battle: To Relay or Not To Relay?!The Bitcoin community is currently in a digital dust-up, and it's all thanks to a recent decision by the Bitcoin Core developers! 🥊 Hold onto your sats, because things are getting spicy! 🔥 The Core of the Matter: No More Data Limits?! 😱 Imagine Bitcoin nodes as super-efficient post offices. 📮 For ages, there was a little rule: don't send packages bigger than 80 bytes unless you're really sending money. It was like a gentle nudge: "Hey, this is for payments, not your vacation photos!" 📸 But now? The Bitcoin Core devs are like, "Nah, that 80-byte cap? It's outta here! 👋" They announced this on May 5th, and boy, did it get folks talking! 🗣️ Their reasoning? People found ways around the cap anyway, like sneaking in giant data messages disguised as tiny letters. 🕵️‍♀️ So, the devs figured, why have a rule that's not really working? Let the "fee market" decide, they said, like a digital auction for block space! 💰 The Developers' Defense: Freedom Fighters or Spam Enablers? 🦸‍♂️🦹‍♀️ On June 6th, 31 Bitcoin Core developers dropped a joint statement, basically saying, "Look, protecting censorship resistance is our jam! 🎸 Users should be free to use Bitcoin however they want, financial or not. We're just providing the software, not dictating the rules of engagement!" 📜 They believe their job is to make the software efficient and reliable. They even said large data transactions are "largely harmless at a technical level." 🤔 It's like saying, "We know some folks might use our post office to send a dictionary, but hey, freedom!" 🗽 The Great Divide: Team "Cash" vs. Team "Anything Goes"! 🤝⚔️ This move has split the Bitcoin world right down the middle! 👯‍♀️ Team "No Spam Zone!" 🚫🍔 On one side, you have folks like Luke Dashjr, a Bitcoin Core developer himself and creator of the OCEAN Bitcoin mining pool. He's shaking his head like, "Nope! 🙅‍♂️ This is not what transaction relay is for! This is just inviting spam and treating it like a legitimate use!" He sees these large data transactions as nothing short of a Denial-of-Service (DoS) attack, like someone flooding the post office with junk mail! 📧 Then there's SatsScholar, who runs Bitcoin Knots, a special version of Bitcoin Core. They're crying "Ideological drift!" and proclaiming, "Core’s new stance essentially says, 'if someone pays enough, any use is valid.' That’s economically naive and ignores Bitcoin’s fundamental purpose as a monetary network.” 💸 Even Dennis Porter, CEO of Satoshi Action Fund, chimed in, saying it's "absolutely condoning bloat." And one super sassy user put it perfectly: "It’s Bit”Coin” not Bit”Bucket” or Bit”Store” or whatever general purpose data store you have in mind. It’s a “peer to peer electronic cash system”." 🎤Mic drop! Miners are also chiming in, fearing this move could "dilute Bitcoin’s monetary focus, overburden future nodes, further centralizing power, possibly threatening scalability, and fracturing the Bitcoin community’s faith.” 😟 That's a lot of potential problems! Team "Freedom to Transact!" 🕊️🎉 But wait, there are defenders too! Jameson Lopp, co-founder of Bitcoin wallet Casa, is on the side of the developers. He basically said, "Hey, they're just saying they can't force anyone to run code they don't like. This is about relay policy and network health, people!" 💪 So, What's Next for Bitcoin's Relaying Rendezvous? 🔮 The debate rages on! Will Bitcoin become a data free-for-all, or will the "cash system" purists prevail? Only time will tell! One thing's for sure, the Bitcoin community is never boring! 😂 Keep your eyes peeled, because this story is far from over! 👀 #BTC #WhatNext $BTC {spot}(BTCUSDT) Follow Me For More Information 😊

Bitcoin's Big Brain Battle: To Relay or Not To Relay?!

The Bitcoin community is currently in a digital dust-up, and it's all thanks to a recent decision by the Bitcoin Core developers! 🥊 Hold onto your sats, because things are getting spicy! 🔥
The Core of the Matter: No More Data Limits?! 😱
Imagine Bitcoin nodes as super-efficient post offices. 📮 For ages, there was a little rule: don't send packages bigger than 80 bytes unless you're really sending money. It was like a gentle nudge: "Hey, this is for payments, not your vacation photos!" 📸 But now? The Bitcoin Core devs are like, "Nah, that 80-byte cap? It's outta here! 👋" They announced this on May 5th, and boy, did it get folks talking! 🗣️
Their reasoning? People found ways around the cap anyway, like sneaking in giant data messages disguised as tiny letters. 🕵️‍♀️ So, the devs figured, why have a rule that's not really working? Let the "fee market" decide, they said, like a digital auction for block space! 💰
The Developers' Defense: Freedom Fighters or Spam Enablers? 🦸‍♂️🦹‍♀️
On June 6th, 31 Bitcoin Core developers dropped a joint statement, basically saying, "Look, protecting censorship resistance is our jam! 🎸 Users should be free to use Bitcoin however they want, financial or not. We're just providing the software, not dictating the rules of engagement!" 📜
They believe their job is to make the software efficient and reliable. They even said large data transactions are "largely harmless at a technical level." 🤔 It's like saying, "We know some folks might use our post office to send a dictionary, but hey, freedom!" 🗽
The Great Divide: Team "Cash" vs. Team "Anything Goes"! 🤝⚔️
This move has split the Bitcoin world right down the middle! 👯‍♀️
Team "No Spam Zone!" 🚫🍔
On one side, you have folks like Luke Dashjr, a Bitcoin Core developer himself and creator of the OCEAN Bitcoin mining pool. He's shaking his head like, "Nope! 🙅‍♂️ This is not what transaction relay is for! This is just inviting spam and treating it like a legitimate use!" He sees these large data transactions as nothing short of a Denial-of-Service (DoS) attack, like someone flooding the post office with junk mail! 📧
Then there's SatsScholar, who runs Bitcoin Knots, a special version of Bitcoin Core. They're crying "Ideological drift!" and proclaiming, "Core’s new stance essentially says, 'if someone pays enough, any use is valid.' That’s economically naive and ignores Bitcoin’s fundamental purpose as a monetary network.” 💸
Even Dennis Porter, CEO of Satoshi Action Fund, chimed in, saying it's "absolutely condoning bloat." And one super sassy user put it perfectly: "It’s Bit”Coin” not Bit”Bucket” or Bit”Store” or whatever general purpose data store you have in mind. It’s a “peer to peer electronic cash system”." 🎤Mic drop!
Miners are also chiming in, fearing this move could "dilute Bitcoin’s monetary focus, overburden future nodes, further centralizing power, possibly threatening scalability, and fracturing the Bitcoin community’s faith.” 😟 That's a lot of potential problems!
Team "Freedom to Transact!" 🕊️🎉
But wait, there are defenders too! Jameson Lopp, co-founder of Bitcoin wallet Casa, is on the side of the developers. He basically said, "Hey, they're just saying they can't force anyone to run code they don't like. This is about relay policy and network health, people!" 💪
So, What's Next for Bitcoin's Relaying Rendezvous? 🔮
The debate rages on! Will Bitcoin become a data free-for-all, or will the "cash system" purists prevail? Only time will tell! One thing's for sure, the Bitcoin community is never boring! 😂 Keep your eyes peeled, because this story is far from over! 👀
#BTC #WhatNext $BTC
Follow Me For More Information 😊
$BTC 📢 BITCOIN: WHERE WILL IT GO NEXT 📉 The cryptocurrency market is holding its breath as Bitcoin's price action becomes increasingly unpredictable. Following a recent surge, Bitcoin's value has entered a period of heightened volatility, leaving investors and analysts unsure of what's to come. As the pioneering cryptocurrency, Bitcoin's movements have a profound impact on the broader market. However, its recent fluctuations have made it challenging to predict its next direction. While some experts foresee a continued upward trend, fueled by growing institutional investment and improving infrastructure, others caution that a potential correction may be looming, driven by regulatory concerns and market instability. {spot}(BTCUSDT) As the market waits with anticipation for Bitcoin's next move, one thing is clear: the future of the flagship cryptocurrency remains shrouded in uncertainty. #WhatNext
$BTC
📢 BITCOIN: WHERE WILL IT GO NEXT 📉

The cryptocurrency market is holding its breath as Bitcoin's price action becomes increasingly unpredictable. Following a recent surge, Bitcoin's value has entered a period of heightened volatility, leaving investors and analysts unsure of what's to come.

As the pioneering cryptocurrency, Bitcoin's movements have a profound impact on the broader market. However, its recent fluctuations have made it challenging to predict its next direction.

While some experts foresee a continued upward trend, fueled by growing institutional investment and improving infrastructure, others caution that a potential correction may be looming, driven by regulatory concerns and market instability.

As the market waits with anticipation for Bitcoin's next move, one thing is clear: the future of the flagship cryptocurrency remains shrouded in uncertainty.
#WhatNext
See original
CRYPTO MARKET IN A COMA – WHAT TO DO? While everyone was waiting for movement, the market simply paused. Volumes are low, altcoins are drifting sideways, and volatility is as low as a stone. What does this mean? • Major players are in no hurry to buy or sell. • Small traders are confused – entering is scary, exiting is regrettable. • News is not moving the market – even hype topics are not providing momentum. Such calm cannot last forever. Either we are in for explosive growth, or a harsh dump. What do you think – is this the calm before the storm or the beginning of a long flat? #WhatNext {spot}(BTCUSDT)
CRYPTO MARKET IN A COMA – WHAT TO DO?

While everyone was waiting for movement, the market simply paused. Volumes are low, altcoins are drifting sideways, and volatility is as low as a stone.

What does this mean?
• Major players are in no hurry to buy or sell.
• Small traders are confused – entering is scary, exiting is regrettable.
• News is not moving the market – even hype topics are not providing momentum.

Such calm cannot last forever. Either we are in for explosive growth, or a harsh dump.

What do you think – is this the calm before the storm or the beginning of a long flat? #WhatNext
Mashiur R Mridul
--
$TON respects expansion level 7.20😍 and now its a small correction(pullback)#WhatNext

#BTCNextDirection?
Mashiur R Mridul
--
Bullish

$TON clear chart plan👀
I have plans but don't have enough dollars😐
--
Bullish
Here's what i found for you : $LAYER {future}(LAYERUSDT) 💥 BOOOOMM !! that one spike is all i wanted to catch . 😭 Missed it this time ! need to catch up again What's gonna happen next to this , well SMA says it's a bull time Thinking to PUMP it ? #signaladvisor #WhatNext
Here's what i found for you : $LAYER
💥 BOOOOMM !! that one spike is all i wanted to catch .

😭 Missed it this time ! need to catch up again

What's gonna happen next to this , well SMA says it's a bull time
Thinking to PUMP it ?

#signaladvisor #WhatNext
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number