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OCEAN Mining VP Quits, Sells BTC Over Bitcoin OP_RETURN Change
HomeNews* A major developer at a leading Bitcoin mining pool is leaving after a new update to Bitcoin Core was announced.
With this software update expected to reach tens of thousands of full nodes as they upgrade later this year, Bitcoin Core will no longer block large OP_RETURN outputs from being relayed among peer-to-peer nodes. OP_RETURN is a function that lets users write small pieces of data onto the Bitcoin blockchain. Raising the limit allows for more complex smart contract data or proofs to be included, but the decision has faced resistance from certain developers who view it as departing from Bitcoin’s original principles.
Hughes’ departure follows public disagreements within the development community. He, along with leaders like Luke Dashjr and BitcoinMechanic, has been part of the main opposition to the policy change. The change aims to accommodate growing demands by third-party projects publishing data to Bitcoin’s ledger, including services tied to stablecoins and alternate coin systems.
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