On May 6, news emerged that Bitcoin Core developers have decided to remove restrictions on transaction data in the next network upgrade, enabling a more efficient way to include more data. Bitcoin developer Greg Sanders announced on GitHub on May 5: "The next version of Bitcoin Core will by default relay and mine OP_RETURN outputs over 80 bytes and allow an arbitrary number of outputs." Critics have stated that the proposal was made without proper consensus procedures. Ten31 Fund managing partner Marty Bent stated: "There is currently no consensus on the OP_RETURN issue." It has been reported that OP_RETURN allows for transaction outputs that store a small amount of data on the blockchain, which became popular during the Bitcoin ordinal craze in early 2024. Unlike regular transaction outputs, OP_RETURN outputs are non-spendable and do not increase unspent transaction outputs (UTXO). (Cointelegraph)$BTC
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