OCEAN Pool Executive Quits Crypto Industry Over Bitcoin Core Changes.🚨
Jason Hughes, Vice President of OCEAN Pool, has shocked the cryptocurrency community by announcing his decision to exit the industry. Hughes plans to sell all his Bitcoin holdings and resign from his position in October, when the Bitcoin Core 30 version is set to be implemented.
The reason behind Hughes' departure is his strong disagreement with the recent OP_RETURN change approved by the Bitcoin Core development team. The update will remove the 80-byte OP_RETURN output limit, allowing transactions up to 4MB and accommodating applications like DAOs, oracles, and stablecoins.
In an open letter, Hughes expressed his disappointment, stating that Bitcoin Core development has abandoned its core principles. He lamented that the qualities that made Bitcoin unique no longer exist.
Hughes has already received job offers from non-crypto companies and is set to leave the industry when the changes take effect. His departure serves as a significant blow to the crypto community, highlighting the ongoing debate about Bitcoin's future direction.
