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#BitcoinMarketAnalysis No one is aware, but a major battle is happening within Bitcoin! Will there be another hard fork?
There is a serious disagreement among Bitcoin developers on a topic that concerns a significant detail for the network.
A new disagreement has emerged in the Bitcoin ecosystem that could shape the future of the network.
This time, the debate centers on how much data can be stored on the Bitcoin blockchain and whether the network will remain solely as a “currency” or open up to different use cases.
Node operators who validate BTC transactions are essentially making a policy choice when deciding which software version to run.
The latest version of Bitcoin Core allows for more data to be stored per transaction.
An alternative version called Knots rejects this expansion and maintains the data limit per block.
Until now, Bitcoin Core has been the most widely used software as the “official” version of the network. However, Knots is rapidly gaining popularity; currently, about a quarter of the network runs this version.
This disagreement started with a “pull request” on Bitcoin Core’s Github page in April. Supporters of the proposed change argue that the data limit per transaction is “arbitrary” and should be removed. They believe that lifting this limit will keep Bitcoin “policy-independent” and enable more privacy tools to be used effectively.
However, Core developers think that these limitations have already been bypassed through various methods and that the change would not make a meaningful difference.
This change could enable new use cases on Bitcoin, such as (NFTs, Layer-2 solutions, and limited smart contracts. But supporters of Knots are precisely concerned about this. According to Knots supporters, Bitcoin’s goal was only to create “unstoppable money”; storing data like other blockchain networks would be against its philosophy.
Furthermore, allowing more data on the blockchain is argued to increase the risk of illegal content being embedded into the chain. A 2018 study found that such content was present, even if minimally.
A similar crisis occurred in 2018 and is remembered as the “Blocksize War.” At that time, a group advocating for larger block sizes created a new chain called “Bitcoin Cash.”
Today’s debate brings another major hard fork possibility back to the table.
Bitcoin was born as an alternative to politically controlled money. However, this new debate shows that even the idea of “politically independent money” cannot escape governance conflicts within itself.
INVESTMENT WARNING NOT ADVISED
)$BTC $SOL