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Institutions don’t care about Bitcoin Core vs Knots clash: Galaxy exec

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 60 Views

Galaxy’s head of research, Alex Thorn, said a recent poll with 25 institutional Bitcoin investors aligns with what he has been hearing over the last few months.

The majority of institutional Bitcoin investors don’t seem to know or care about the Bitcoin Core vs Knots debate that has been raging on for the past few months, according to Galaxy Digital’s head of research, Alex Thorn.

The debate centers on arguments about what Bitcoin (BTC) should be used for and whether non-financial transactions should be excluded, and has been sparked by the recent Bitcoin Core v30 update, which some have argued opens up the “floodgate” to spam. 

Supporters of Knots nodes said this type of “spam” should be filtered out, as it could open the door for bad actors to embed illegal and immoral content into the blockchain. 

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