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Galaxy executives: Institutions do not care about the controversy between Bitcoin Core and Knots.

[Galaxy Executive: Institutions Do Not Care About the Dispute Between Bitcoin Core and Knots] According to Alex Thorn, head of research at Galaxy Digital, most institutional Bitcoin investors seem not to understand or care about the ongoing dispute between Bitcoin Core and Knots that has been brewing over the past few months. The core of the debate is: what purpose should Bitcoin be used for, and should non-financial transactions be excluded? This controversy was triggered by the recent Bitcoin Core v30 update, with some believing that the update could 'open the floodgates', leading to more 'spam transactions' flooding in. Supporters of Knots nodes believe that such “garbage transactions” should be filtered out, otherwise it may allow criminals to embed illegal or unethical content into the blockchain. However, Bitcoin Core believes that any restrictions could lead to network splits, user confusion, and contradict one of the core principles of Bitcoin technology.

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