📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The Evolution of Bitcoin Technology: Innovations and Challenges from OP_RETURN to Ordinals
A Review and Outlook on the Development of New Bitcoin Technologies
Since its inception, Bitcoin has been continuously exploring and developing new technologies to meet the demands of large-scale applications. This article reviews the main course of Bitcoin's technological development, analyzes the current important new technologies, and looks forward to the future development direction.
1. Main Exploration and Conflicts of Bitcoin's Original Technology
1.1 Bitcoin Script Language and Instruction Reduction
Bitcoin uses a non-Turing complete scripting language, which has certain limitations. To improve security, Bitcoin has historically trimmed down instructions, including string operations, bit operations, and arithmetic operations. Although this trimming has enhanced security, it has also restricted the functionality of Bitcoin.
1.2 Bitcoin Fork History
During the development of Bitcoin, there have been multiple forks, mainly revolving around the block size controversy. From the initial 1MB limit to BCH's 8MB and 32MB, and then to BSV's 128MB, it reflects the community's differing views on the expansion issue. Forks are a form of technical exploration, but they also caused community fragmentation.
1.3 Early Technology Exploration
Some important technological explorations occurred in the early days of Bitcoin:
These explorations laid the foundation for subsequent technological development.
1.4 Limitations of Bitcoin and Layered Design
Bitcoin has some limitations, such as the UTXO model, non-Turing complete language, scalability issues, etc. However, from a layered design perspective, these characteristics make Bitcoin more suitable as a foundational infrastructure. Future development will rely more on upper-layer solutions.
2. Important New Technologies in Bitcoin Development
2.1 OP_RETURN and Segregated Witness
OP_RETURN allows for the storage of a small amount of data in transactions. Segregated Witness ( Segwit ) has effectively achieved block expansion, laying the foundation for subsequent technological developments.
2.2 Schnorr signatures, MAST, Taproot Scripts
These technologies greatly enhance the functionality of Bitcoin.
2.3 Ordinals, Inscriptions and other new protocols
These protocols greatly enriched the Bitcoin ecosystem.
3. The Use of New Technologies and Future Development
3.1 How to Use New Technology
Current applications mainly focus on simple scenarios after blockchain expansion, such as NFT and token issuance. In the future, with the expansion of capabilities, more complex applications will emerge.
3.2 Future development needs
Short-term: Improve financial applications Mid-term: Achieve trust applications Long-term: Build a complete Web3 ecosystem
Bitcoin technology will continue to develop towards expansion and functional enhancement to support a wider range of application scenarios. The key in the future lies in balancing security, decentralization, and scalability to build a true value internet.