Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Ethereum Now Holds $165B in ‘Digital Dollars’ — Bigger Than Singapore & India’s FX Reserves

12/11/2025

Kraken CEO hits back as banker calls stablecoin yields a ‘detriment’

12/11/2025

The U.S. Government Shutdown Could End Within the Next Few Hours – Fresh Developments, Here Are the Details

12/11/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Now Holds $165B in ‘Digital Dollars’ — Bigger Than Singapore & India’s FX Reserves

    12/11/2025

    Ethereum is Predicted to Reach $ 4,146.18 By Nov 08, 2025

    12/11/2025

    Ethereum momentum slows as BitMine becomes main buyer

    12/11/2025

    Ethereum Price Takes a Hit as Holders Dump — But Is the Weakness Temporary?

    12/11/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Current State of the Non-Fungible Token Market

    11/11/2025

    NFT sales plunge 14% to $84m, CryptoPunks sales drop 25%

    08/11/2025

    War on Bugs to launch Master Strategist Joker NFT Collection on Nov. 24

    08/11/2025

    Art Basel Unveils ‘Zero 10’ Digital Art Platform

    07/11/2025

    Ethereum Now Holds $165B in ‘Digital Dollars’ — Bigger Than Singapore & India’s FX Reserves

    12/11/2025

    Kraken CEO hits back as banker calls stablecoin yields a ‘detriment’

    12/11/2025

    The U.S. Government Shutdown Could End Within the Next Few Hours – Fresh Developments, Here Are the Details

    12/11/2025

    Ethereum is Predicted to Reach $ 4,146.18 By Nov 08, 2025

    12/11/2025
  • Blockchain

    Mantle partners with Bybit and Backed bringing tokenized U.S. equities onchain

    11/11/2025

    Stellar Users Can Now Borrow USDC Using XLM as Collateral via Templar Protocol

    11/11/2025

    SuperWalk and City Protocol to Connect Real-World Physical Activity with OnChain Creative Economies

    11/11/2025

    Marina Protocol and Audiera Ally to Bring AI-Powered Music and Dance to Web3

    11/11/2025

    BNB Chain and Four Meme Complete 4th Reload Airdrop, Reaching 150K Users

    11/11/2025
  • DeFi

    Aspis Sets Stage for Smart and Transparent AI Trading as California Gives Greenlights to AI Chatbots

    11/11/2025

    DeFi Staking vs. Yield Farming: What’s the Difference?

    11/11/2025

    Uniswap Proposes Sweeping ‘UNIfication’ With UNI Burn and Protocol Fee Overhaul

    11/11/2025

    Uniswap token jumps 38% after fee switch, burn proposal hits the table

    11/11/2025

    Uniswap Token Soars Amid Fee Switch Proposal to ‘Align Incentives’

    11/11/2025
  • Metaverse

    Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

    04/11/2025

    Bored Ape creator revives brand with Otherside metaverse debut

    31/10/2025

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025

    Dogelon Mars Recent Metaverse Updates

    26/09/2025

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025
  • Regulation

    Kraken CEO hits back as banker calls stablecoin yields a ‘detriment’

    12/11/2025

    Can Japan Balance Tax Cuts and Yen Defense?

    12/11/2025

    Fidelity Says Digital Assets Are Becoming ‘Central’ in Advisor‑Client Conversations

    12/11/2025

    Gold’s $2.1 Trillion Selloff Matches Over Half Entire Crypto Market Cap

    12/11/2025

    Deribit, Komainu Join Forces for Institutional In-Custody Crypto Trading

    12/11/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase is gaining long‑term attention for its bank partnerships rather than short‑term trading revenue

    10/11/2025

    Crypto.com Unveils LLM-Integrated Market Data Service for Traders and AI Developers

    10/11/2025

    RLUSD Debuts on Bitpanda, Expanding Ripple’s Stablecoin Reach

    10/11/2025

    MEXC Responds to Solvency Rumors, Proof-of-Reserves Over 100%

    10/11/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Blockchain Gaming Defies the Slowdown as Web3 Activity Dips in October

    07/11/2025

    Blazpay, PVPFUN Alliance Bridges DeFi and Gaming Through AI

    06/11/2025

    Florida Crypto Confab Unshaken by Bitcoin Volatility

    06/11/2025

    YouTube Says New Policy Doesn’t Ban All Crypto Content, Despite Uproar From Creators

    05/11/2025

    Bitcoin User Pays Over $105,000 in BTC to Send Just $10

    12/11/2025

    Bitcoin Miner Greenidge Settles New York Permit Dispute, Prompting Stock Spike

    11/11/2025

    Bitdeer shares drop 20% after posting $266M quarterly loss

    11/11/2025

    Bitdeer Stock Tumbles as Bitcoin Miner Posts Third Quarter Net Loss

    11/11/2025

    The U.S. Government Shutdown Could End Within the Next Few Hours – Fresh Developments, Here Are the Details

    12/11/2025

    Hayden Davis hit with asset freeze as LIBRA investigation deepens in Argentina

    12/11/2025

    Privacy activists warn proposed EU privacy changes hand Big Tech freedom to exploit data.

    12/11/2025

    Senate Ag Releases Long-Awaited Version of Crypto Market Structure Legislation

    12/11/2025

    Ethereum Now Holds $165B in ‘Digital Dollars’ — Bigger Than Singapore & India’s FX Reserves

    12/11/2025

    Kraken CEO hits back as banker calls stablecoin yields a ‘detriment’

    12/11/2025

    The U.S. Government Shutdown Could End Within the Next Few Hours – Fresh Developments, Here Are the Details

    12/11/2025

    Ethereum is Predicted to Reach $ 4,146.18 By Nov 08, 2025

    12/11/2025
  • MarketCap
NBTC News
Home»Bitcoin»The corporate interests taking over Bitcoin development
Bitcoin

The corporate interests taking over Bitcoin development

NBTCBy NBTC23/05/2025No Comments5 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Last week, alarm bells rang over a proposal to relax data storage limitations via an operation code of Bitcoin script.

It was a deceptively minor change to the policy of full node software that shed light on the corporate interests encroaching on Bitcoin’s technical development.

Instead of rubber-stamping the idea, technical Bitcoiners sprang into action, whipping up support for their side of the debate. Critics revealed the commercial interests of companies like Citrea and an assortment of zero-knowledge (ZK) and Bitcoin virtual machine (BitVM) companies that are pushing developers to raise data storage abilities.

In a sly request to tweak the world’s most popular full node software, Bitcoin Core, a few developers seemed to believe that lifting OP_RETURN’s datacarrier output limit from 83 to hundreds of thousands of bytes would achieve quick consensus and earn nearly immediate approval from Bitcoin Core maintainers.

Although sophisticated users have always been able to privately broadcast large OP_RETURN transactions to miners via Libre Relay or MARA Slipstream, Bitcoin Core’s standardness rules for queueing transactions across its default mempool denied OP_RETURN outputs exceeding 83 bytes.

Lifting its datacarrier cap would have changed an important standardness rule for transactions and allowed large quantities of non-financial data to propagate across the mempools of tens of thousands of Bitcoin Core nodes as operators progressively updated their software.

Read more: FixTheFilters: Bitcoin arguments go viral over relaxing Core data storage

Pull request 32359: Re-introducing a failed 28130

Usually a conservative developer, a self-empowered Peter Todd opened pull request (PR) 32359 at the request of Chaincode Labs’ Antoine Poinsot.

The GitHub comment section went viral, and within hours, moderators started muting and censoring participation as fiery posts blamed developers and their corporate backers.

One critic chimed in, “The PR seems to anticipate some company’s mere intent. Are we now shapeshifting Bitcoin to whatever people publish they might be doing? Bitcoin has a purpose and it’s not appeasement.”

Moderators’ rarely-exercised power of censorship on GitHub only attracted more attention to the debate. Observers even blamed Todd for using PR 32359 to quietly re-introduce his PR 28130 that failed to achieve consensus in 2023.

He used generous language for his request, including “uncap datacarrier by default” or “remove arbitrary restrictions on OP_RETURN by default.” In reality, the proposal’s real intent was to stop filtering large quantities of non-financial data — important context that seemed obscured by the technical description.

Many Bitcoin developers are opposed to policies that encourage the use of its limited storage capabilities for non-financial information like pictures, games, business data, or other forms of media unrelated to BTC transactions.

A failed proposal, again, with even less configurability

Specifically, critics blamed Todd for re-introducing an even more generous version of his 2023 code by withholding a config option.

Rather than leaving the OP_RETURN datacarrier limit as a configurable piece of code — such as raising the number from 83 to several hundreds of thousands of bytes, and leaving the digits available for self-configuration — Todd simply removed the config code entirely in order to prevent users from setting any custom number.

In other words, critics blamed Todd for attempting to slide a change through with a bit of wet glue that would cement its dominance once implemented — preventing users from modifying the number themselves on their own node.

In short, it was disrespectful to Bitcoin Core’s ethos of consensus-based software development.

According to Todd’s code, the change would be drastic: lifting the OP_RETURN datacarrier limit from 83 bytes up to just under the full, 1MB limit of a single block, less other data — and disallowing Bitcoin Code node operators from having the option to adjust that limit manually.

This was particularly offensive to the self-sovereign ethos of Bitcoin, which values the ability of node operators to choose their own mempool and transaction relay policies.

As tensions swirled, many people also blamed the corporate interests of the leading spokesman for PR 32359, Jameson Lopp. One of his companies, Citrea, has raised millions of dollars from venture capitalists and could benefit from publishing larger-than-83 byte quantities of data via Bitcoin’s OP_RETURN datacarrier.

Citrea supports a suite of third-party applications and businesses, including altcoin token exchanges, DAOs, oracles, and yield-bearing stablecoins.

More corporate interests in bitcoin development

There are, of course, other corporations interested in tweaking Bitcoin Core to better suit their interests.

For example, Stacks Foundation announced a $500,000 Stacks Working Group meant to improve BitVM’s security. If the initiative worked, BitVM would provide computing support for Bitcoin Layer 2 apps like Stacks (STX) itself, data roll-ups, trust-minimized bridges, and other projects.

One critic summarized the unspoken motivation for PR 32359: “On the OP_RETURN drama, what actually triggered this is the BitVM folks about to launch a protocol that needs to commit ~100 bytes of data and the current OP_RETURN limit being too restricted for that. So they ‘fixed’ that.”

A few critics even blamed Taproot Wizards for the incident, which raised $30 million to re-enable an operation code, OP_CAT, and publish various types of non-financial data into Bitcoin blocks.

OP_CAT is an original operation code developed by Satoshi Nakamoto, who later turned it off due to concerns about errors. Efforts to bring it back include BIP 347, which introduces OP_CAT alongside Tapscript.

In general, Taproot Wizards have been a well-funded group arguing for quicker, experimental changes to Bitcoin Core. However, executives at Taproot Wizards clarified that neither of their NFT-like inscription collections, Taproot Wizards and Quantum Cats, used OP_RETURN to store picture data.

Instead, those collections inscribed data using separate, witness data.

In the end, it is likely that PR 32359 will not gain consensus and will expire in contention. Nevertheless, its surprise introduction with secret motivations has raised awareness about the corporate interest seeking to influence Bitcoin Core developers.

Going forward, the community might ask deeper questions about who stands to benefit the most from an otherwise technical PR. One way to discover those motivations is to follow the money.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Ethereum Now Holds $165B in ‘Digital Dollars’ — Bigger Than Singapore & India’s FX Reserves

12/11/2025

Kraken CEO hits back as banker calls stablecoin yields a ‘detriment’

12/11/2025

The U.S. Government Shutdown Could End Within the Next Few Hours – Fresh Developments, Here Are the Details

12/11/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.