A new Bitcoin proposal named 'The Cat' seeks to permanently ban Ordinals inscriptions and NFT transactions by marking certain dust-sized outputs as unspendable to reduce UTXO bloat. The proposal faces strong opposition from key Bitcoin developers like Greg Maxwell who warn it could equate to theft and trigger evasion tactics. Supporters argue it is necessary to clean up the rapidly expanding UTXO set, while an alternative proposal, 'Lynx,' suggests periodic cleanup without targeting specific protocols.

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