diff --git a/bip-0434.md b/bip-0434.md
index 80d94b92..afa770e1 100644
--- a/bip-0434.md
+++ b/bip-0434.md
@@ -6,7 +6,7 @@
   Status: Draft
   Type: Specification
   Assigned: 2026-01-14
-  License: BSD-3-Clause
+  License: BSD-2-Clause
   Discussion: 2025-12-19: https://gnusha.org/pi/bitcoindev/aUUXLgEUCgGb122o@erisian.com.au/T/#u
               2020-08-21: https://gnusha.org/pi/bitcoindev/20200821023647.7eat4goqqrtaqnna@erisian.com.au/
   Version: 0.1.0