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Bitcoin has made a significant change by removing the OP_RETURN limit for larger transactions, opening new possibilities for blockchain development. This move aligns with growing market demands and could reshape Bitcoin’s utility. Could this be the start of Bitcoin challenging Ethereum’s dominance?
- Bitcoin Core developers removed the 80-byte OP_RETURN limit, enabling larger data transactions on the blockchain.
- The BRC-20 standard and Bitcoin ordinals are already being used as workarounds for NFT-like functionality on Bitcoin.
- Jack Dorsey predicts Bitcoin could hit $1 million by 2030, potentially fueled by emerging second-layer applications.
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