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New Bitcoin proposal could rescue locked multisig wallets

Original: New Bitcoin proposal rescues locked multisig wallets – At a hidden cost

A new Bitcoin proposal is drawing attention for offering a way to recover funds stuck in inaccessible multisig wallets. Supporters see it as a lifeline for users who lost coins to lost keys or misconfigured setups, but critics point to a hidden cost — potential trade-offs in security or decentralization. Debate over the trade-off is spreading across the crypto community.

Why now: Traders and Bitcoin developers are debating a proposal that could recover lost multisig funds but raises security concerns.

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