In today's era of surging digital currencies, Bitcoin, as the leader, undoubtedly carries huge expectations and challenges. However, as the transaction volume of the Bitcoin network continues to rise, the problem of network congestion has become increasingly prominent. In order to solve this problem, the Bitcoin core developers proposed an innovative solution to block Ordinals and BRC-20 transactions, which has attracted widespread attention in the industry. This article will explore in depth how to unlock the bottleneck of the Bitcoin network, explore the innovative actions of the core developers, and reveal the new future of the digital currency world for readers.

The root cause of the Bitcoin network congestion problem lies in the sharp increase in its transaction volume, which leads to the insufficient capacity of the blockchain to support such a large scale of transactions. In order to effectively solve this problem, the core developers proposed an innovative solution to block Ordinals and BRC-20 transactions. Ordinals transactions refer to a special type of Bitcoin transaction, which has a complex data structure and occupies a large space, becoming one of the important reasons for network congestion. BRC-20 transactions refer to a new type of transaction method developed based on the Bitcoin blockchain, and its rapid growth has also exacerbated the network bottleneck problem.

In order to effectively deal with Bitcoin network congestion, the core developers proposed a strategy to block Ordinals and BRC-20 transactions. By limiting the number and frequency of these two types of transactions, the network pressure can be effectively reduced and transaction efficiency can be improved. This innovative move not only demonstrates the core developers' deep understanding of digital currency technology, but also lays a solid foundation for the sustainable development of the Bitcoin network.

When implementing the plan to block Ordinals and BRC-20 transactions, core developers need to take many factors into consideration. First, they need to ensure the smooth transition of the new policy to avoid causing too much impact on the Bitcoin market. Second, they also need to fully communicate and negotiate with relevant parties such as miners and exchanges to ensure the smooth implementation of the new policy. Most importantly, they need to constantly monitor and adjust policies to adapt to the dynamic changes in the development of the Bitcoin network.

In addition to blocking Ordinals and BRC-20 transactions, core developers can also solve the problem of Bitcoin network congestion through other means. For example, they can optimize blockchain technology to improve the speed and efficiency of transaction confirmation; they can also promote the upgrade and expansion of the Bitcoin network to adapt to the growing transaction demand. Only by comprehensively utilizing various means can we truly unlock the potential of the Bitcoin network and achieve sustainable development in the digital currency world.

In the field of digital currency, technological innovation is the key to promoting industry development. The solution proposed by Bitcoin core developers to block Ordinals and BRC-20 transactions is based on a deep understanding of the network congestion problem and a clear plan for future development. Through this innovative move, the Bitcoin network will usher in new development opportunities and open up new paths for the advancement of the digital currency industry.

In general, solving Bitcoin network congestion is a complex and arduous task that requires the joint efforts of the global digital currency community. The innovative solution proposed by the core developers to block Ordinals and BRC-20 transactions provides important ideas and solutions to this challenge. Only by continuous innovation and progress can the Bitcoin network truly achieve sustainable development and make greater contributions to the prosperity of the global digital economy. Let us look forward to the future of the Bitcoin network and witness the vigorous development of the digital currency industry together!

Coin Circle (120btc.COM) News: Ordinals
NFT and BRC-20 in the Bitcoin Ecosystem have recently become major hot spots in the currency circle. The increase in usage has also caused serious congestion in the Bitcoin network. In addition to the rare situation where the block fee income exceeds the block reward, an empty block was mined at the Bitcoin block height of 788703, and even the abnormal state of "pausing block production" appeared for a time.

Bitcoin developer community discusses "solutions"

According to mempool data, there are still more than 398,000 transactions to be confirmed on the Bitcoin network. This week, more than 485,000 transactions were pending confirmation, setting a record high. The huge burden on the Bitcoin network caused by the popularity of Ordinals and BRC-20 has also triggered discussions among Bitcoin developers in the community.

Bitcoin core developer Ali
Sherief initiated a discussion on the Bitcoin development mailing list on May 8. He said that in the face of such "worthless" transactions, should Bitcoin developers take action? He also gave a solution, which is "It is recommended to introduce a runtime option to immediately delete all non-standard Taproot transactions."

Currently, five developers have participated in the discussion, but most developers do not agree with this "censorship" behavior.

In response, ChainFeeds researcher Zhixiong
Pan also sorted out all the discussions about Bitcoin core developers, and the views obtained were that some people believed that action should be taken to solve this problem, while others believed that the existing system is already running as expected. Although some solutions were proposed in the discussion, no consensus was reached. The views of the five Bitcoin developers are as follows:

 Ali Sherief: It is recommended to take action to solve the problem of spam transactions, possibly through BIPs or submissions to the Bitcoin Core program code library. Solve the current spam transaction format problem to give the network a breathing space and prepare for future attacks.

 Michael Folkson: Thinks this is a technical problem, not a philosophical or ideological problem. He believes that the system is running as expected and no additional action is needed.

 Luke Dashjr: Action should have been taken to solve the spam transaction problem long ago, and it is recommended to expand the existing filters.

 Peter Todd: It is believed that efforts to solve the spam transaction problem may be futile because miners can bypass the filters in other ways.

 Jaroslaw: High transaction fees are the root cause of the problem, not the spam transactions themselves. He suggested addressing Bitcoin’s long-term security budget to reduce transaction fees.

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