Runestone co-founder plans to launch Bitcoin client DOG Mode to bypass BIP 110 restrictions on non-financial data

According to ChainCatcher, citing CoinDesk, Runestone co-founder Leonidas announced that he is launching an open-source Bitcoin client called DOG Mode, aimed at bypassing BIP 110’s restrictions on non-financial data. DOG Mode will increase the standard transaction’s maximum weight unit from 400,000 to 3,900,000, nearly the entire block capacity, and lower the dust limit from 294 or 546 sats down to 1 sat. Leonidas stated that removing the dust limit would unlock around $25 million in idle funds.

The BIP 110 proposal uses a user-activated soft fork to restrict arbitrary data, requiring 55% miner support, but current support is close to zero. DOG Mode does not require any consensus or vote, only a change to a single node’s relay rules, and if enough nodes run it and miners accept, transactions can be confirmed. Leonidas pointed out that the degree DOG Mode deviates from Core is much less than Knots. Currently, there is no codebase or version, and he called on developers to contribute code and miners to add support. The DOG token price fell 1.2% over 24 hours.