Hourglass V2 Update

Posted by Isabel Foxen Duke

Feb 23, 2026/18:47 UTC

Isabel Foxen Duke recently contributed an idea to the Bitcoin Development Mailing List, discussing the potential for integrating restrictions based on the coinbase reward into the consensus mechanism. She suggests that Pay-to-PubKey (P2PK) transactions could be limited to a certain percentage of the coinbase, which currently stands at 3.125 BTC plus transaction fees. Duke expresses her concern that while setting such limitations might make sense, especially considering a fixed limit like 1 BTC for its simplicity and ease of understanding for users, it could also introduce unnecessary complexity from a user experience standpoint. She emphasizes the importance of maintaining simplicity in both user experience and communications within the Bitcoin ecosystem.

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