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The new proposal from the Bitcoin core development team has sparked controversy, bringing inscription transactions back into focus.
The latest developments from the Bitcoin core development team have sparked heated discussions in the community.
The Bitcoin core development community has recently been embroiled in intense discussions due to a new statement. The statement, titled "Bitcoin Core Development and Transaction Relay Policy," has sparked strong reactions within the community, with some even comparing it to the controversial "New York Agreement."
The core content of the statement is that the Bitcoin core team plans to launch a built-in transaction relay system. This move is seen as paving the way for the previous cancellation of the OP-Return limit.
To understand this controversy, it is necessary to review a segment of history from two years ago. At that time, the inscription technology began to gain popularity, allowing content to be stored in the OP-Return area of Bitcoin blocks in a way that some viewed as a "loophole," thereby breaking through the original limitations of Bitcoin blocks.
This phenomenon has caused a divide in the Bitcoin community. Conservatives in the community hold a strong opposition to inscriptions, even viewing them as "garbage transactions" and calling for a refusal to package such transactions. This attitude has at one point had a negative impact on the inscription project.
However, the Bitcoin core team has taken a relatively moderate stance. They believe that since inscriptions can already be put on the chain, it would be better to directly remove the restrictions on OP-Return and legalize these types of transactions. This viewpoint holds that inscription transactions bring additional revenue to miners and are beneficial for maintaining network security.
The newly proposed transaction relay system aims to address two main issues: preventing DoS attacks and accelerating transaction propagation speed. This system is voluntary, not mandatory.
There is disagreement in the community on how to define and handle "trash transactions." Conservatives believe that inscriptions are trash transactions and should be prohibited. Meanwhile, a more moderate faction believes that as long as normal fees are paid, they should not be considered trash transactions.
The move by the Bitcoin core team may affect some independently maintained trading relay services, especially those that adopt stricter filtering rules.
Although the Bitcoin Core client dominates the market, the development team emphasizes that they are not "official" and users have the right to choose any software and policy.
There are both supporting and opposing voices regarding this proposal. Supporters argue that as long as transactions pay fees normally, they should not be discriminated against or censored. They believe that allowing a certain degree of data storage will not affect the essence of Bitcoin, but may actually increase its utility.
Opponents worry that this is a compromise of miners' interests, which may harm users' interests. However, supporters counter that inscription users are also part of the Bitcoin ecosystem.
Overall, this debate reflects the ongoing discussion within the Bitcoin community on how to balance network security, transaction freedom, and technological innovation. Regardless of the eventual outcome, this will be an important milestone in the development of Bitcoin.