From Peak to Plunge: Bitcoin Knots Loses Nearly a Third of Its Nodes Since Sept. 14

CN
4 hours ago

Bitcoin Knots has been stealing the spotlight in recent months, Coin Dance figures show, climbing fast as the go-to alternative to Bitcoin Core and carving out a serious niche in the node scene.

But the shine didn’t last—this past week Knots stumbled hard, tumbling 32.38% from its Sept. 14 peak of 7,110 nodes. Today it’s holding at 4,806, making up just over 20% of the 23,501 public Bitcoin nodes.

From Peak to Plunge: Bitcoin Knots Loses Nearly a Third of Its Nodes Since Sept. 14

Source: Coin Dance Nodes snapshot on Sept. 22, 2025.

Of the total tally, Bitcoin Core still reigns supreme with 18,273 nodes—almost unchanged from the count on Sept. 14, holding its ground while Knots slipped. Bitcoin Core commands just over 79% of the node infrastructure today. Since April 30, though, Bitcoin Core has been on its own slow fade, dropping from 20,850 nodes to today’s 18,273.

Here’s the beef: Core’s v30 wants to rip the lid off OP_RETURN, and Knots diehards insist that’s like mailing VIP passes to the blockchain spam circus. The clash isn’t new—roll back to 2014, when Counterparty crammed data into Bitcoin and lit one of the first spam-war bonfires. Today’s showdown? Same script, just rebooted with 2025 code.

At its core, the script hasn’t changed: one camp insists the Bitcoin blockchain should stay laser-focused on financial transactions, while the other sees it as a digital Swiss Army knife—capable of storing data, verifying proofs, and cranking out Bitcoin-based tokens and NFTs by the truckload. With Bitcoin Core v30 slated for early October release, the Core vs. Knots clash has amplified.

In the end, the clash between Core and Knots is more about vision. Both sides argue they’re defending Bitcoin’s future—just from very different vantage points. As v30 rolls out in October, the spotlight will stay fixed on whether OP_RETURN becomes a tool for innovation or a magnet for chaos. Until then, Bitcoin’s great debate rolls on, echoing the same old spam-war chorus—only this time with new code and louder voices.

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