Bitcoin Core Developers Plan Major Update to OP_RETURN Settings

According to PANews, the Bitcoin Core development team has announced a significant change in the upcoming Core 30 version, set for release in October. The update will modify the OP_RETURN default settings, increasing the data carrier limit from 80 bytes to nearly 4MB. This decision marks a temporary victory for reformists led by Antoine Poinsot over conservatives like Luke Dashjr, who have long debated this issue. While the new version will still allow node operators to manually revert to smaller data limits, analysts suggest that most nodes will retain the default settings. Critics argue that this move contradicts Bitcoin's original design as a value transfer network and could turn the blockchain into a data storage platform. However, reformists believe that moderate expansion will enhance Bitcoin's functionality and have agreed to allow parameter adjustments as a compromise. The change is expected to impact the on-chain data storage ecosystem but will not alter Bitcoin's fundamental transaction verification mechanism.