Final warning! $BTC The only way to a million dollars is being blocked by a loophole, and there's only a one-year window left to fix it!

The entire value of $BTC is built on a monetary promise. Its total supply is fixed at 21 million coins, a rule independently verified and enforced by a global network of nodes. Ordinary people can run a full node on a regular computer, participating in validation without permission. This is the fundamental difference between $BTC and projects like $ETH, $SOL, etc.

Gold relies on appraisers, bonds rely on governments, stocks rely on auditors. $BTC only depends on mathematics and the nodes that run it. The more nodes there are, the more decentralized the validation, and the higher the credibility of its monetary policy. When the barrier to running a node is raised, the foundation of $BTC’s value is shaken.

The root of the problem is a vulnerability. Since 2013, the $BTC core client has limited the size of non-monetary data in transactions using the -datacarriersize parameter, aiming to prevent blockchain abuse as cheap storage. However, the November 2021 Taproot upgrade introduced a design flaw: the existing data size limit did not cover the new Taproot transaction types.

In early 2023, the Ordinals protocol exploited this flaw. By wrapping arbitrary data in Tapscript opcodes that are never executed, any image, text, or BRC-20 token minting instructions can be permanently written on-chain at very low cost. Developer Luke Dashjr identified this as a vulnerability and registered it as CVE-2023-50428 in the NIST National Vulnerability Database in December 2023, with a moderate severity score of 5.3.

His maintained Bitcoin Knots node software fixed this vulnerability by the end of 2023. Ocean mining pool quickly deployed the fix and classified inscription transactions as a denial-of-service attack on the network. However, $BTC’s main node software, Bitcoin Core, has yet to patch this vulnerability.

Even more concerning, in the upcoming Core 30 release, developers plan to remove the long-standing 80-byte OP_RETURN output size limit entirely, claiming the restriction has been bypassed and maintaining it is pointless. This is akin to abolishing all speed limits because someone is speeding, abandoning a decade of principles protecting node accessibility.

This effectively taxes every node operator, forcing them to bear the storage and validation costs of unlimited non-monetary data growth. The beneficiaries are a small group of developers who find the current limit inconvenient, while the entire network’s robustness bears the cost.

In response, the BIP-110 proposal was introduced. It’s not a permanent ban but a one-year consensus rule to fix the above vulnerability. Recent simulation data on the mainnet over 10 days with more than 4.7 million transactions demonstrate its effectiveness.

During the simulation, BIP-110 filtered out 41.5% of transactions, totaling 1,957,896, reclaiming 36% of block space. Crucially, no legitimate financial transactions were blocked. Payments, exchange withdrawals, Lightning Network operations all went smoothly.

The data also revealed a key fact: 94.6% of filtered inscription transactions combined Tapscript wrapping with OP_RETURN outputs carrying rune metadata. The garbage from Ordinals and OP_RETURN are essentially the same problem, and BIP-110 can address both simultaneously.

The core rule of BIP-110 is to prohibit the use of OP_IF and OP_NOTIF opcodes within Tapscript, which are exploited by inscription. This rule alone filters out 99.8% of junk transactions. Simulation confirms that no legitimate financial contracts on the current mainnet use this pattern.

Opponents might argue that transactions paying fees are valid and miners have the right to include them. But it’s important to clarify $BTC’s original purpose: its resistance to censorship aims to protect monetary transactions. The entire energy-intensive security model is designed to safeguard a peer-to-peer electronic cash system.

Non-monetary applications depend on network tolerance. When these applications start eroding core infrastructure, the protocol has every right to prioritize its monetary function. Filtering data stored via exploited vulnerabilities is network maintenance, not censorship of monetary transactions. The simulation’s zero false positives on 2.5 million financial transactions prove this.

Imagine pitching $BTC to a sovereign wealth fund manager. Your argument rests on three pillars: fixed supply, censorship-resistant transactions, and decentralized validation. The data inflation driven by inscriptions directly attacks the third pillar, increasing node costs, leading to validation centralization, and weakening $BTC’s monetary promise credibility.

The path to $1 million per BTC is paved by the credibility of monetary policy, resistance to censorship, and the distributed node network that enforces these rules. The one-year intervention of BIP-110 can clear 41.5% of current network junk without affecting any monetary transactions, providing a data window to assess long-term impacts.

If you run a node, you have a voice. Study the BIP-110 specifications, review the public simulation data. Switching from Bitcoin Core to the deployed fix in Bitcoin Knots usually takes only minutes. Every node switch is a vote for $BTC’s future.

The cost of inaction is the increasing permanent data burden on every node daily. $BTC is a currency, and BIP-110 aims to preserve its purity as such. The data is clear, the trade-offs are explicit, and the window is one year.

BTC-0.92%
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