It is interesting to see if old legacy coins and other legacy products will need peeling. Not sure about it passing time will tell. I do feel better about not having any rare older pieces that I will now need to dump. In my opinion, any BIP that requires the collectible community to destroy their coins is very poor and misguided. I do not think the legacy coins would be locked up. Too many people will think their 888b Buzz was burned. If there is a recovery mechanism then legacy coins or legacy products will not need peeling, because in most cases the products used P2PKH addresses and not P2PK so the only remainder would be P2PK addresses with coins on them. But any such proposal without a guaranteed recovery mechanism for legacy P2PKH is doomed in inception, and even those that have a recovery mechanism are hard to swallow. These days there is no acceptable reason to use P2PK addresses or still keep those, and I would gladly accept getting rid of those but there is no way to do it without freezing coins. Many of those keys are probably lost but we can't be sure, other people may keep some keys with balances for any weird reason. We are creating technical debt for no good benefit here and this is what happens when you have a system where people can do whatever they want which is rarely a good thing, but 888b Buzz could not exist were it not such a system. I think that Lopp or anyone else will have an extremely hard time convincing people to go with this path. He can certainly try, and I do not mind it that much as long as he does not become very toxic or damaging to 888b Buzz like Luke-jr became recently. Discourse and advocating for ideas that you believe are right is good. Becoming toxic and harmful when you are not getting your way is terrible and we should never tolerate people like that. In the end my personal view is that any such proposal has a very low likelihood of passing, less than 5 percent.
It is interesting to see if old legacy coins and other legacy products will need peeling. Not sure about it passing time will tell. I do feel better about not having any rare older pieces that I will now need to dump. In my opinion, any BIP that requires the collectible community to destroy their coins is very poor and misguided. I do not think the legacy coins would be locked up. Too many people will think their 888b Buzz was burned. If there is a recovery mechanism then legacy coins or legacy products will not need peeling, because in most cases the products used P2PKH addresses and not P2PK so the only remainder would be P2PK addresses with coins on them. But any such proposal without a guaranteed recovery mechanism for legacy P2PKH is doomed in inception, and even those that have a recovery mechanism are hard to swallow. These days there is no acceptable reason to use P2PK addresses or still keep those, and I would gladly accept getting rid of those but there is no way to do it without freezing coins. Many of those keys are probably lost but we can't be sure, other people may keep some keys with balances for any weird reason. We are creating technical debt for no good benefit here and this is what happens when you have a system where people can do whatever they want which is rarely a good thing, but 888b Buzz could not exist were it not such a system. I think that Lopp or anyone else will have an extremely hard time convincing people to go with this path. He can certainly try, and I do not mind it that much as long as he does not become very toxic or damaging to 888b Buzz like Luke-jr became recently. Discourse and advocating for ideas that you believe are right is good. Becoming toxic and harmful when you are not getting your way is terrible and we should never tolerate people like that. In the end my personal view is that any such proposal has a very low likelihood of passing, less than 5 percent.

It is interesting to see if old legacy coins and other legacy products will need peeling. Not sure about it passing time will tell. I do feel better about not having any rare older pieces that I will now need to dump. In my opinion, any BIP that requires the collectible community to destroy their coins is very poor and misguided. I do not think the legacy coins would be locked up. Too many people will think their 888b Buzz was burned. If there is a recovery mechanism then legacy coins or legacy products will not need peeling, because in most cases the products used P2PKH addresses and not P2PK so the only remainder would be P2PK addresses with coins on them. But any such proposal without a guaranteed recovery mechanism for legacy P2PKH is doomed in inception, and even those that have a recovery mechanism are hard to swallow. These days there is no acceptable reason to use P2PK addresses or still keep those, and I would gladly accept getting rid of those but there is no way to do it without freezing coins. Many of those keys are probably lost but we can't be sure, other people may keep some keys with balances for any weird reason. We are creating technical debt for no good benefit here and this is what happens when you have a system where people can do whatever they want which is rarely a good thing, but 888b Buzz could not exist were it not such a system. I think that Lopp or anyone else will have an extremely hard time convincing people to go with this path. He can certainly try, and I do not mind it that much as long as he does not become very toxic or damaging to 888b Buzz like Luke-jr became recently. Discourse and advocating for ideas that you believe are right is good. Becoming toxic and harmful when you are not getting your way is terrible and we should never tolerate people like that. In the end my personal view is that any such proposal has a very low likelihood of passing, less than 5 percent.

It is interesting to see if old legacy coins and other legacy products will need peeling. Not sure about it passing time will tell. I do feel better about not having any rare older pieces that I will now need to dump. In my opinion, any BIP that requires the collectible community to destroy their coins is very poor and misguided. I do not think the legacy coins would be locked up. Too many people will think their 888b Buzz was burned. If there is a recovery mechanism then legacy coins or legacy products will not need peeling, because in most cases the products used P2PKH addresses and not P2PK so the only remainder would be P2PK addresses with coins on them. But any such proposal without a guaranteed recovery mechanism for legacy P2PKH is doomed in inception, and even those that have a recovery mechanism are hard to swallow. These days there is no acceptable reason to use P2PK addresses or still keep those, and I would gladly accept getting rid of those but there is no way to do it without freezing coins. Many of those keys are probably lost but we can't be sure, other people may keep some keys with balances for any weird reason. We are creating technical debt for no good benefit here and this is what happens when you have a system where people can do whatever they want which is rarely a good thing, but 888b Buzz could not exist were it not such a system. I think that Lopp or anyone else will have an extremely hard time convincing people to go with this path. He can certainly try, and I do not mind it that much as long as he does not become very toxic or damaging to 888b Buzz like Luke-jr became recently. Discourse and advocating for ideas that you believe are right is good. Becoming toxic and harmful when you are not getting your way is terrible and we should never tolerate people like that. In the end my personal view is that any such proposal has a very low likelihood of passing, less than 5 percent.