TechFlow News, March 3: According to CoinDesk, mining pool Ocean has mined the first block supporting BIP-110—a proposal designed to temporarily restrict non-financial data on the Bitcoin blockchain. BIP-110 plans to implement a soft fork lasting approximately one year, limiting transaction output size and arbitrary data fields. Proponents argue this will safeguard Bitcoin’s core functionality as monetary infrastructure and reduce node burden. However, critics—including Blockstream CEO Adam Back—warn that such intervention could undermine Bitcoin’s credibility and potentially lead to a blockchain split.
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