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Counterparty 40kb limit

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Earl

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Does anybody know if they reduced the limit to 40kb in the new implementation of bitcoin? My understanding was that it was orginally 80kb.

Posted on March 24, 2014 at 4:29 AM

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• adam

  

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  Location: California, USA

  Because they can. Control is sometimes worth exercising just to demonstrate your control. It's really too bad.

  Posted on March 24, 2014 at 2:33 PM
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• Fernandez

  

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  OP_RETURN was decreased to 40kB at the last moment. It seems Bitcoin core devs are actively viewing XCP as a parasite which needs to be shaken off.
  
  There is a long winded discussion at Bitcointalk (Adam made an appearance there too).
  

  Posted on March 24, 2014 at 3:45 PM
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• Fernandez

  

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  Coindesk covered it today
  http://www.coindesk.com/developers-battle-bitcoin-block-chain/
  

  Posted on March 25, 2014 at 2:50 PM
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• puck2

  

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  Will this affect LTBcoin implementation/release?
  

  Posted on March 25, 2014 at 2:56 PM
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• sull

  

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  Location: NY

  this seems significant. all bitcoin 2.0 that actually use the Bitcoin blockchain are effected by this.although a short URL can be used to reference external data storage. This is similar to referencing XML from XML as an example. it adds bulk but Bitcoin devs may have a valid point in reducing blockchain arbitrary data storage. 
  
  

  Posted on March 26, 2014 at 3:08 AM
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• Earl

  

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  Thanks for the responses, hopefully they can come up with a clean work around. Maybe they can jump on litecoin for the quicker responses Adam was looking for.
  

  Posted on March 26, 2014 at 4:34 AM
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• RichieRao

  

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  Fernandez said: Coindesk covered it today
  http://www.coindesk.com/developers-battle-bitcoin-block-chain/
  

  
  There are so many Thinking,but without a Executable Conclusion.what a pity!
  Keep using multisig may be the only choice,i think.
  
  

  Posted on March 26, 2014 at 8:41 AM
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• voldemort628

  

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  Counterparty devs will always find a way around to ensure the full functionality of the protocol (xcp). I read they already have something up their sleeves in case a filter is installed into bitcoin. 

  Posted on March 26, 2014 at 10:32 AM
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• Fernandez

  

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  Its heating up https://www.counterparty.co/pay-to-pubkeyhash-functionality-added/
  
  The discussions have made me look at Bitcoin in a new light. The huge energy waste and the concentration in the hand of the cartel is very concerning. I think, and it sounds very stupid at this point, that Bitcoin will become obsolete in future.
  

  Posted on March 27, 2014 at 12:11 PM
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• Fernandez

  

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  Discussion at letstalkbitcoin only
  http://letstalkbitcoin.com/the-greatest-threat/#.UzXA0c5jwmR
  

  Posted on March 28, 2014 at 6:40 PM
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