BitMEX: Support for removing OP_Return policy restrictions from Bitcoin Core

avatar
PANews
05-07
This article is machine translated
Show original

PANews news on May 7th, BitMEX Research published an article focusing on the controversy surrounding the potential removal of OP_Return strategy restrictions in Bitcoin Core. The article points out that from an economic perspective, miners aim to maximize profits and will not consider whether a block contains garbage information when mining. Moreover, if a garbage information sender is willing to pay a higher price, they can completely outcompete other users. The article cites an example of miners earning over 7,000 bitcoins in fees related to Ordinals as evidence. BitMEX Research also mentioned that node operators expect to have an efficient mempool to more accurately predict the blocks miners might mine, which can help users receive new blocks faster and assist them in determining reasonable transaction fees. Based on these considerations, BitMEX Research somewhat supports the removal of OP_Return strategy restrictions.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments