@nhoknhutnhat95
A new proposal called “The Cat” is sparking major controversy within the Bitcoin community, as it could permanently erase Ordinals and NFTs on Bitcoin.
The proposal seeks to freeze and remove millions of small UTXOs that contain NFT data, arguing that UTXO bloat is growing too quickly and placing a heavy burden on the network.
However, many Bitcoin Core developers strongly oppose the idea, saying it amounts to asset confiscation and violates the principle that “Bitcoin cannot be seized or revoked.” They also argue that the proposal would not truly stop NFTs, but would instead undermine trust in Bitcoin.
Some supporters believe that removing so-called “spam” data is necessary to reduce long-term strain on the Bitcoin network. Even so, they acknowledge that mistakenly deleting data at the consensus level would have extremely serious consequences and would be nearly impossible to reverse.
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