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There are several additional objections worth considering: 1. It would require a hard fork. Older nodes would reject blocks with a= =20 higher-than-expected miner reward. By contrast, SegWit and Taproot were= =20 implemented as soft forks. 2. It breaks long-term inheritance schemes. Imagine a newborn inheriting= =20 1000 BTC from a wealthy relative. The relative sets a 30-year timelock t= o=20 ensure the funds are not misused during childhood. This proposal would= =20 interfere with that intention and potentially strip the heir of their=20 rightful inheritance. 3. It penalizes long-term planning and low time preference. Users who=20 intentionally lock up funds for decades (whether for inheritance, securi= ty,=20 or economic reasons) would be disproportionately impacted. 4. It changes who pays for network security. Miners are expected to be= =20 compensated in the long term by transaction fees paid by active transact= ion=20 senders. This proposal would instead take value from long-term holders w= ho=20 aren't participating in the transaction flow, effectively taxing them=20 without consent. Best regards, Boris On Tuesday, July 15, 2025 at 3:26:35=E2=80=AFPM UTC-3 Donald Dienst wrote: Dear Bitcoin developers, I would like to propose a new BIP titled "Proof-of-Activity Reclamation=20 (PoAR)," which aims to address the long-term economic effects of lost and= =20 abandoned UTXOs. This proposal introduces a fully automated and rule-based mechanism to=20 gradually recycle coins that have been provably inactive for over 20 years.= =20 These coins are returned to the undistributed pool and slowly reintroduced= =20 via future block rewards=E2=80=94extending miner incentives while respectin= g the 21=20 million BTC cap. You can view the full proposal here: https://gist.github.com/Brandchatz/56c39d289db9e56190c13922850815b8 I welcome your thoughts, suggestions, and critiques. Best regards, =20 Donald Dienst =20 dddi...@protonmail.com --=20 You received this message because you are subscribed to the Google Groups "= Bitcoin Development Mailing List" group. To unsubscribe from this group and stop receiving emails from it, send an e= mail to bitcoindev+unsubscribe@googlegroups.com. To view this discussion visit https://groups.google.com/d/msgid/bitcoindev/= 344a8917-5cb2-44c7-adbd-04ff091ad947n%40googlegroups.com. ------=_Part_19985_1374324705.1752607694075 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Donald,

Thanks for sharing your proposal!

There ar= e several additional objections worth considering:
  1. It would re= quire a hard fork. Older nodes would reject blocks with a higher-than-expec= ted miner reward. By contrast, SegWit and Taproot were implemented as soft = forks.
  2. It breaks long-term inheritance schemes. Imagine a newborn i= nheriting 1000 BTC from a wealthy relative. The relative sets a 30-year tim= elock to ensure the funds are not misused during childhood. This proposal w= ould interfere with that intention and potentially strip the heir of their = rightful inheritance.
  3. It penalizes long-term planning and low time = preference. Users who intentionally lock up funds for decades (whether for = inheritance, security, or economic reasons) would be disproportionately imp= acted.
  4. It changes who pays for network security.=C2=A0Miners are ex= pected to be compensated in the long term by transaction fees paid by activ= e transaction senders.=C2=A0This proposal would instead take value from lon= g-term holders who aren't participating in the transaction flow, effectivel= y taxing them without consent.

Best regards,
Boris=

On Tuesday, July 15, 2025 at = 3:26:35=E2=80=AFPM UTC-3 Donald Dienst wrote:
Dear Bitcoin developers,

I would like to prop= ose a new BIP titled "Proof-of-Activity Reclamation (PoAR)," which aims to = address the long-term economic effects of lost and abandoned UTXOs.
This proposal introduces a fully automated and rule-based mechanism to = gradually recycle coins that have been provably inactive for over 20 years.= These coins are returned to the undistributed pool and slowly reintroduced= via future block rewards=E2=80=94extending miner incentives while respecti= ng the 21 million BTC cap.

You can view the full proposal here:<= br />https://gist.github.com/Brandc= hatz/56c39d289db9e56190c13922850815b8

I welcome your thought= s, suggestions, and critiques.

Best regards, =C2=A0
Donald = Dienst =C2=A0
dddi...@protonmail.com=

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