Wang Chun, a co-founder of the mining pool F2Pool, said on Aug. 11 that the firm does not, for now, support BIP-54, a bitcoin protocol upgrade proposal that has been discussed recently in the community. According to BlockBeats, in a public post Chun said his team would update the mining pool's nodes if the proposal advances strictly through BIP-9, bitcoin's established improvement proposal activation mechanism, and reaches the required supermajority signaling threshold. Until those formal activation conditions have been met, F2Pool will not take part in BIP-54 signaling votes, he added. BIP-54 is one of the protocol upgrade proposals recently discussed in the bitcoin community, and it also involves adjustments to the network's consensus rules. Chun's statement reflects a cautious attitude among some miners toward the proposal, as well as a preference for advancing upgrades through the standardized BIP-9 process and through community consensus. BlockBeats reported the development on Aug. 11.
Wang Chun, co-founder of bitcoin mining pool F2Pool, said the firm does not currently support BIP-54, a protocol upgrade proposal under discussion in the bitcoin community.
In an Aug. 11 post, Chun said his team would update the mining pool's nodes if the proposal advances strictly through BIP-9, the standard activation mechanism for bitcoin improvement proposals, and reaches the required supermajority signaling threshold.
Until formal activation conditions are met, F2Pool will not take part in BIP-54 signaling votes.
BIP-54 is one of several protocol upgrade proposals that have been discussed in the bitcoin community recently. It involves adjustments to bitcoin's consensus rules.
Chun's public stance reflects a cautious attitude among some miners toward the proposal. They prefer instead for upgrades to move through the standardized BIP-9 process and community consensus.
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