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  1. Home
  2. FAQ
  3. What are the controversial parts of BIP-361?

What are the controversial parts of BIP-361?

Scheduled Pinned Locked Moved FAQ
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  • madmaxM Offline
    madmaxM Offline
    madmax
    wrote last edited by
    #1

    c857235d-4afd-41e2-afb3-59963151bd69-image.png

    The biggest debate around BIP-361 is that it could effectively “freeze” Bitcoin stored in old, vulnerable addresses if users don’t upgrade in time.

    Under the proposal, coins left in outdated address formats after a certain period would become unspendable. Critics argue this goes against Bitcoin’s core principle of ownership and could be seen as forcing users to act. Supporters, however, say it’s necessary to protect the network from a potential large-scale security breach in the future.

    1 Reply Last reply
    2
    • cryptobroC Offline
      cryptobroC Offline
      cryptobro
      wrote last edited by
      #2

      nothing says “you own your coins” like making them unspendable if you don’t upgrade

      1 Reply Last reply
      3
      • bredB Offline
        bredB Offline
        bred
        wrote last edited by
        #3

        This feels like a very controversial move.

        1 Reply Last reply
        6
        • PatapimP Offline
          PatapimP Offline
          Patapim
          wrote last edited by
          #4

          Freezing coins goes against the whole idea.

          1 Reply Last reply
          6
          • BrutalAge*gofastB Offline
            BrutalAge*gofastB Offline
            BrutalAge*gofast
            wrote last edited by
            #5

            Security vs freedom debate again.

            1 Reply Last reply
            5
            • The_Walking_DeadT Offline
              The_Walking_DeadT Offline
              The_Walking_Dead
              wrote last edited by
              #6

              Not everyone will upgrade in time.

              1 Reply Last reply
              5
              • Capybara_CapybaraC Offline
                Capybara_CapybaraC Offline
                Capybara_Capybara
                wrote last edited by
                #7

                This could create serious backlash.

                1 Reply Last reply
                5
                • UndeadBeastMonkeykillerU Offline
                  UndeadBeastMonkeykillerU Offline
                  UndeadBeastMonkeykiller
                  wrote last edited by
                  #8

                  I get the security angle but still….

                  1 Reply Last reply
                  5
                  • febe3f2e35F Offline
                    febe3f2e35F Offline
                    febe3f2e35
                    wrote last edited by
                    #9

                    Bitcoin changing slowly but surely.

                    1 Reply Last reply
                    4
                    • 0c4535c1a00 Offline
                      0c4535c1a00 Offline
                      0c4535c1a0
                      wrote last edited by
                      #10

                      Feels a bit forced honestly.

                      1 Reply Last reply
                      3
                      • 97770892359 Offline
                        97770892359 Offline
                        9777089235
                        wrote last edited by
                        #11

                        Old wallets becoming useless is wild.

                        1 Reply Last reply
                        2
                        • ChewBeastC Offline
                          ChewBeastC Offline
                          ChewBeast
                          wrote last edited by
                          #12

                          Community gonna be split on this.

                          1 Reply Last reply
                          2
                          • GummyBearG Offline
                            GummyBearG Offline
                            GummyBear
                            wrote last edited by
                            #13

                            Big risk if handled wrong.

                            1 Reply Last reply
                            2
                            • d82ae58262D Offline
                              d82ae58262D Offline
                              d82ae58262
                              wrote last edited by
                              #14

                              Future proofing always comes with tradeoffs.

                              1 Reply Last reply
                              1
                              • SuzukispeedtestS Offline
                                SuzukispeedtestS Offline
                                Suzukispeedtest
                                wrote last edited by
                                #15

                                This might scare long term holders 😬.

                                1 Reply Last reply
                                0
                                • 059d96d16a0 Offline
                                  059d96d16a0 Offline
                                  059d96d16a
                                  wrote last edited by
                                  #16

                                  Interesting but also kinda scary.

                                  1 Reply Last reply
                                  0


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