No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

F2Pool Co-Founder Refuses Bitcoin Anti-Spam Soft Fork

by TheAdviserMagazine
1 day ago
in Cryptocurrency
Reading Time: 3 mins read
A A
F2Pool Co-Founder Refuses Bitcoin Anti-Spam Soft Fork
Share on FacebookShare on TwitterShare on LInkedIn


Chun Wang, co-founder of major Bitcoin mining pool F2Pool, pushed back against a proposed temporary soft fork aimed at limiting data spam on the Bitcoin network.

Wang wrote in a Monday X post that “BIP-444 is a bad idea.” He added that he, and presumably F2Pool, are “not going to soft fork anything,” whether it is “temporary or not.”

He said, “Feel sad that some devs [are] moving further and further in the wrong direction.”

Bitcoin Improvement Proposal (BIP)-444 is a temporary soft-fork proposal for the Bitcoin network aimed at restricting the inclusion of arbitrary data, which its proponents view mainly as spam. The soft fork would limit non-transaction data — which enables alternative uses for the Bitcoin blockchain — to 83 bytes, among other limitations.

Source: Chun Wang

Related: Bitcoin upgrade is splitting developers and purists

BIP-444 and its raison d’être

BIP-444 appears to be a response to a late September update from leading Bitcoin node software Bitcoin Core. The update in question removed the 80-byte cap on OP_RETURN, a part of a transaction script that allows users to embed arbitrary data.

Many have viewed the change as corporate capture of the Bitcoin blockchain, since it allows companies to build layer 2s and other infrastructure on Bitcoin. Furthermore, some argue that allowing more arbitrary data onchain results in faster increases in blockchain size, higher node requirements and greater centralization.

Others pointed out that this is part of a debate that dates back to the very early days of Bitcoin (BTC). Additionally, proponents of the change highlight that it is hard to ensure miners enforce a rule that goes against their own incentives. A January 2024 review revealed that miners, such as F2Pool, were already including non-standard transactions that exceeded OP_RETURN limits.

The BIP, submitted by pseudonymous developer Dathon Ohm, is called a “Reduced Data Temporary Softfork” and suggests to “temporarily limit the size of data fields at the consensus level.” The limit would last until Bitcoin block 987,424, or about 1.27 years from now.

In a dedicated mailing list, the creator explained that “the idea is to strongly reaffirm in consensus that bitcoin is money, not data storage.” “After a year, the soft fork expires, giving us time to come up with a more permanent solution,“ they said.

Related: Ordinals dev floats forking Bitcoin Core amid censorship concerns

What does BIP-444 do?

BIP-444 is a temporary soft fork that would close most data-embedding paths on Bitcoin, including stricter size caps on outputs and pushes, bans on annex, unknown witness versions, deep Taproot trees, OP_SUCCESS* and conditional branches. This limits Ordinal-based non-fungible token (NFT) creation, large data payloads and complex scripts while keeping simple monetary unaffected.

The BIP text argues that with modern data compression, it is possible to embed “objectionable images (often illegal to even possess) in as few as 300–400 bytes.” This would allow “a malicious actor to mine a single transaction with illegal or universally abhorrent content and credibly claim that Bitcoin itself is a system for distributing it.”

Bitcoin developer and cypherpunk Peter Todd, on the other hand, stated that the approach is also ineffective in achieving its intended goal. Todd demonstrated this by embedding the entire BIP-444 text in a Bitcoin transaction that would be compliant with the soft fork.

Still, the proponent of the change highlighted that sending it costs over $100 in fees and argued that if embedding illegal data is made harder, “it would not make sense to hold node operators legally responsible.” They explained:

“If Bitcoin provides an officially supported method of storing arbitrary data […] node operators could conceivably be held responsible for possession and distribution.“

Still, some view the distinction as arbitrary and unrealistic. One X user demonstrated the idea by sharing two commands that would gather data from an image stored on the Bitcoin network, highlighting how scarce the differences are in practice.

Bitcoin Core, Bitcoin Mining, F2Pool, Mining Pools
Source: Rijndael

Magazine: ZK-proofs are bringing smart contracts to Bitcoin



Source link

Tags: AntiSpamBitcoincofounderF2PoolForkrefusesSoft
ShareTweetShare
Previous Post

Smart Money is Going After New Homes as Builder Desperation Grows

Next Post

Check Point Q3 profit jumps 73.4% due to tax settlement

Related Posts

edit post
Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

by TheAdviserMagazine
October 29, 2025
0

Cryptocurrency asset manager Grayscale Investments has launched its staking-enabled Solana spot exchange-traded fund (ETF), expanding institutional access to Solana exposure.According...

edit post
Trump Media And Crypto.Com Unveil Predictions Market Partnership

Trump Media And Crypto.Com Unveil Predictions Market Partnership

by TheAdviserMagazine
October 29, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure President Donald Trump’s social media platform, Truth...

edit post
Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

by TheAdviserMagazine
October 29, 2025
0

Key Takeaways French semiconductor firm Sequans Communications deposited 970 BTC worth $111 million on Coinbase Prime on Tuesday. The company...

edit post
Can Solana handle 100M Western Union users sending dollar tokens worldwide?

Can Solana handle 100M Western Union users sending dollar tokens worldwide?

by TheAdviserMagazine
October 28, 2025
0

Western Union will distribute a Solana-based stablecoin to its 100 million-plus customers starting in the first half of 2026, pairing...

edit post
Trump Insider Whale Reloads 0M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

Trump Insider Whale Reloads $430M Long on BTC, ETH Ahead of Tomorrow’s Fed Rate Cut Decision

by TheAdviserMagazine
October 28, 2025
0

The “Trump Insider whale” has reportedly opened a $430 million long position in Bitcoin and Ethereum. This comes ahead of...

edit post
Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above alt=

Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above $0.8 Still In The Cards

by TheAdviserMagazine
October 28, 2025
0

The recent Dogecoin market action has seen its price now hovering below $0.20 after surging to $0.208 in the past...

Next Post
edit post
Check Point Q3 profit jumps 73.4% due to tax settlement

Check Point Q3 profit jumps 73.4% due to tax settlement

edit post
Voice Biomarker Market to Witness Significant Growth by 2035

Voice Biomarker Market to Witness Significant Growth by 2035

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Fiserv stock craters 44% after company slashes guidance

Fiserv stock craters 44% after company slashes guidance

0
edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

0
edit post
From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

0
edit post
Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

0
edit post
16 Best Overseas Jobs for Americans and 10 Companies Hiring Now

16 Best Overseas Jobs for Americans and 10 Companies Hiring Now

0
edit post
Tesla: Kursexplosion durch KI- und Robotaxi-Hype jederzeit möglich!

Tesla: Kursexplosion durch KI- und Robotaxi-Hype jederzeit möglich!

0
edit post
Fiserv stock craters 44% after company slashes guidance

Fiserv stock craters 44% after company slashes guidance

October 29, 2025
edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

October 29, 2025
edit post
Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

October 29, 2025
edit post
Nvidia is officially the world’s first  trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

October 29, 2025
edit post
Tesla: Kursexplosion durch KI- und Robotaxi-Hype jederzeit möglich!

Tesla: Kursexplosion durch KI- und Robotaxi-Hype jederzeit möglich!

October 29, 2025
edit post
From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Fiserv stock craters 44% after company slashes guidance
  • Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)
  • Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.