The Cat would identify these outputs using external indexers like Ord and Stamps, then render them permanently unspendable while allowing nodes to prune them from the UTXO set entirely. “NFTs are just an imaginary parallel world that don’t depend on the network to validate their activity,” Maxwell explained.
A Bitcoin proposal would use external indexers such as Ord and Stamps to identify outputs and render NFT-related UTXOs permanently unspendable, while enabling nodes to prune them from the UTXO set. This approach aims to control NFT activity by removing spendable paths for these outputs. The plan has sparked questions about data handling, the integrity of the UTXO set, and potential impacts on NFT activity on Bitcoin.
Maxwell described the stance, noting that NFTs are an imaginary parallel world that don’t depend on the network to validate their activity. The remark highlights the ongoing debate over whether such on-chain data should be pruned or preserved, and what the implications could be for future NFT signaling on the network. The proposal has drawn criticism and calls for caution from developers and users, signaling a broader discussion about how Bitcoin should manage NFT data going forward.
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