
Mining pool Ocean mined the first block backing BIP-110, a temporary soft fork aiming to curb arbitrary data stored on Bitcoin’s blockchain—a move that has sparked ideological divides among developers.
Bitcoin’s internal debate over data storage intensified as mining pool Ocean mined the first block signaling support for BIP-110, a proposed temporary soft fork capping arbitrary non-financial data on Bitcoin transactions for one year. Supporters argue this limit will reduce blockchain ‘spam’ and preserve Bitcoin’s efficiency as sound monetary infrastructure. Critics, including Blockstream CEO Adam Back, warn such consensus-level restrictions undermine user neutrality and may split the network. In protest, a developer encoded a 66KB image into Bitcoin to demonstrate how large data can still be embedded, highlighting enduring philosophical tensions between monetary purity and open data use. Separately, Hong Kong and Shanghai signed a memorandum to build a shared blockchain-based system for cross-border cargo trade and finance under Hong Kong Monetary Authority’s Project Ensemble framework.