Galaxy executive: Institutions are not concerned about the controversy between Bitcoin Core and Knots
According to a report by Jinse Finance, Alex Thorn, Head of Research at Galaxy Digital, stated that most institutional-level bitcoin investors seem to be unaware of, or uninterested in, the ongoing dispute between Bitcoin Core and Knots over the past few months. The core of the debate centers on what bitcoin should be used for and whether non-financial transactions should be excluded. This controversy was triggered by the recent Bitcoin Core v30 update, which some believe may "open the floodgates" and lead to an influx of more "junk transactions." Supporters of Knots nodes argue that such "junk transactions" should be filtered out, otherwise malicious actors could exploit the blockchain to embed illegal or unethical content. However, the Bitcoin Core side believes that any restrictions could lead to network splits, user confusion, and violate one of the core principles of bitcoin technology.
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