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Tone Vays, bitcoin analyst, derivatives trader and event producer, questioned why unspent transaction output (UTXO) growth is considered a problem.
He noted that following the 2016 compromise with so-called "Big Blockers," which allowed more data in Bitcoin blocks through Segregated Witness (SegWit), he no longer views UTXO bloat as a valid concern.
Vays previously discussed a hypothetical scenario in which Elon Musk could run a competing Bitcoin client on Tesla vehicles, raising questions about network dynamics and user-activated soft forks in a prior analysis. He has also stated that Bitcoin miners are unlikely to support proof-of-work changes that do not have broad consensus, recalling earlier disagreements in the network’s history in a separate report. These comments reflect ongoing debates within the Bitcoin community over software changes and network governance.