No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, May 30, 2026
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
7 months 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

BlackRock-linked tokenization firm Securitize to go public via SPAC deal

Next Post

How to Avoid W-2 Taxes Using Real Estate |

Related Posts

edit post
Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019

Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019

by TheAdviserMagazine
May 30, 2026
0

Ethereum is struggling to push above $2,000 as the market prepares for a decisive move that participants on both sides...

edit post
Visa Invests in Replit to Bring Secure Payments Into AI Agents and Apps

Visa Invests in Replit to Bring Secure Payments Into AI Agents and Apps

by TheAdviserMagazine
May 30, 2026
0

Key TakeawaysVisa invested in Replit to bring secure payments into AI-built apps and agents.Over 1,000 Visa employees use Replit, signaling...

edit post
XRP’s Latest Move To DeFi: What This Upgrade Will Mean For Users And Investors

XRP’s Latest Move To DeFi: What This Upgrade Will Mean For Users And Investors

by TheAdviserMagazine
May 29, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The XRP Ledger Foundation has introduced a...

edit post
Bitcoin Buyers Stack 2M Bids Near K Support: Is A Reversal Ahead?

Bitcoin Buyers Stack $512M Bids Near $70K Support: Is A Reversal Ahead?

by TheAdviserMagazine
May 29, 2026
0

Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data...

edit post
US Moves To Seize  Billion Crypto Assets From Iran Amid War

US Moves To Seize $1 Billion Crypto Assets From Iran Amid War

by TheAdviserMagazine
May 29, 2026
0

The United States has now frozen about $1 billion in crypto from Iran. The U.S. is cracking down on financial...

edit post
Bitcoin perps just got a US green light, but one catch could decide everything

Bitcoin perps just got a US green light, but one catch could decide everything

by TheAdviserMagazine
May 29, 2026
0

The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now...

Next Post
edit post
How to Avoid W-2 Taxes Using Real Estate |

How to Avoid W-2 Taxes Using Real Estate |

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

Check Point Q3 profit jumps 73.4% due to tax settlement

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
What’s a ‘G’-Shaped Economy and Are We in One?

What’s a ‘G’-Shaped Economy and Are We in One?

0
edit post
BoI governor: The strong shekel is moderating inflation

BoI governor: The strong shekel is moderating inflation

0
edit post
“Building” a Paper: A Model for the Reluctant Writer – Faculty Focus

“Building” a Paper: A Model for the Reluctant Writer – Faculty Focus

0
edit post
Dollar set for weekly loss amid US-Iran ceasefire deal

Dollar set for weekly loss amid US-Iran ceasefire deal

0
edit post
Warren Buffett’s 105 Best Quotes Of All Time

Warren Buffett’s 105 Best Quotes Of All Time

0
edit post
Why Iran Can Win | Armstrong Economics

Why Iran Can Win | Armstrong Economics

0
edit post
What’s a ‘G’-Shaped Economy and Are We in One?

What’s a ‘G’-Shaped Economy and Are We in One?

May 30, 2026
edit post
Sunil Singhania’s Abakkus Portfolio: 6 stocks rally up to 75% in CY26; 5 new buys added in Q4 – Abakkus Portfolio Snapshot

Sunil Singhania’s Abakkus Portfolio: 6 stocks rally up to 75% in CY26; 5 new buys added in Q4 – Abakkus Portfolio Snapshot

May 30, 2026
edit post
Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019

Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019

May 30, 2026
edit post
Surging Treasury yields show America has no margin for error on its  trillion debt

Surging Treasury yields show America has no margin for error on its $31 trillion debt

May 30, 2026
edit post
Visa Invests in Replit to Bring Secure Payments Into AI Agents and Apps

Visa Invests in Replit to Bring Secure Payments Into AI Agents and Apps

May 30, 2026
edit post
Why Iran Can Win | Armstrong Economics

Why Iran Can Win | Armstrong Economics

May 30, 2026
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

  • What’s a ‘G’-Shaped Economy and Are We in One?
  • Sunil Singhania’s Abakkus Portfolio: 6 stocks rally up to 75% in CY26; 5 new buys added in Q4 – Abakkus Portfolio Snapshot
  • Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019
  • 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.