The Blockspace Podcast: This New Bitcoin Proposal Would Steal Your Bitcoin

The Blockspace Podcast: This New Bitcoin Proposal Would Steal Your Bitcoin

A new proposal suggests burning "spam" Bitcoin UTXOs. We explain why the "CAT" proposal is technically flawed, philosophically dangerous, and amounts to on-chain confiscation. Today, we break down the controversial "CAT" proposal by Claire Ostrom. This idea suggests snapshotting and burning UTXOs associated with Ordinals and Stamps to curb spam. We analyze the technical flaws, the failed game theory, and why seizing user coins—even "dirty" ones—sets a dangerous precedent for Bitcoin censorship and on-chain confiscation. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * CAT burns UTXOs under a specific threshold * 100 million inscriptions are likely junk * Proposal is a soft fork consensus change Timestamps: 00:00 Start 06:16 BIP text 08:20 Burning Bitcoin UTXOs 11:55 non-monetary UTXO? WTF? 13:10 BIP process 16:43 Coinjoined Chris' thread 21:14 Game theory 23:08 hard price floor - 👋The Blockspace Podcast is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media

Jaksot(3961)

U.S. Military Confirms It's Running a Live Bitcoin Node | CoinDesk Daily

U.S. Military Confirms It's Running a Live Bitcoin Node | CoinDesk Daily

A four-star admiral says the U.S. military is running a live Bitcoin node. Admiral Samuel Paparo, commander of U.S. Indo-Pacific Command, told Congress the military is running a live node on the Bitc...

23 Huhti 1min

Blockspace: Finding Satoshi Documentary, Justin Sun Sues World Liberty Financial, CORZ Opens $3.3B Raise

Blockspace: Finding Satoshi Documentary, Justin Sun Sues World Liberty Financial, CORZ Opens $3.3B Raise

A new documentary claims to have solved the case of Satoshi’ identity, and Justin Sun is bringing World Liberty Financial to court. Welcome back to Block Space Live! Today, William Cohan and Tyler ...

23 Huhti 56min

Trump's Iran Ceasefire Sends Bitcoin Past $78K | CoinDesk Daily

Trump's Iran Ceasefire Sends Bitcoin Past $78K | CoinDesk Daily

President Trump extends the Iran ceasefire. President Trump extended the Iran ceasefire indefinitely, triggering a bitcoin rally past $78,000 and short-squeeze conditions in crypto markets. CoinDesk'...

22 Huhti 1min

Finding Satoshi: Did A New Documentary Finally Unmask Nakamoto?

Finding Satoshi: Did A New Documentary Finally Unmask Nakamoto?

Bitcoin's origin story is the greatest unsolved mystery in financial history and the team behind Finding Satoshi spent years doing what dozens of others couldn't: actually closing in on an answer. I...

21 Huhti 28min

Strategy Surpasses BlackRock as World's Biggest Bitcoin Holder | CoinDesk Daily

Strategy Surpasses BlackRock as World's Biggest Bitcoin Holder | CoinDesk Daily

Strategy surpasses BlackRock's IBIT to become the biggest bitcoin holder. Strategy now holds 815,061 BTC, edging past BlackRock's IBIT for the first time since Q2 2024, after a $2.54 billion bitcoin ...

21 Huhti 1min

Blockspace: DeFi’s $13B Exodus, OPNEXT 2026 Recap, NYDIG Eyes Alcoa Plant for BTC Mining

Blockspace: DeFi’s $13B Exodus, OPNEXT 2026 Recap, NYDIG Eyes Alcoa Plant for BTC Mining

The latest Lazarus Group-led DeFi exploit set off a $13 billion exodus from DeFi platforms, and we cover the spiciest talk on Bitcoin and quantum computing at OPNEXT. Get your tickets to OPNEXT 202...

21 Huhti 1h 16min

Strategy’s STRC Dividend Move and Tokenizing the $70T U.S. Equity Market

Strategy’s STRC Dividend Move and Tokenizing the $70T U.S. Equity Market

Tokenizing the $70T U.S. equity market. On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie breaks down Strategy's proposal to shift STRC preferred stock...

20 Huhti 31min

$13B Exits DeFi in 48 Hours After Kelp DAO's Exploit | CoinDesk Daily

$13B Exits DeFi in 48 Hours After Kelp DAO's Exploit | CoinDesk Daily

Kelp DAO's $292 million exploit wipes $13 billion from DeFi. A $292 million exploit of Kelp DAO's cross-chain bridge has wiped $13 billion from DeFi in two days, with Aave alone losing $8.45 billion ...

20 Huhti 1min

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