F2Pool Co-Founder Wang Chunfa Opposes BIP-54, Vows Node Updates If BIP-9 Thresholds Are Met

Wang Chunfa states F2Pool opposes BIP-54 but will update nodes if BIP-9 activation criteria are satisfied. The pool will withhold signaling support until official consensus requirements are fully met.

Woofun AI reports that Wang Chunfa, co-founder of F2Pool, declared the mining pool's current opposition to the BIP-54 proposal. He confirmed that node updates will only proceed if the proposal strictly adheres to the BIP-9 mechanism and achieves the necessary absolute majority threshold. Until these official activation conditions are fulfilled, F2Pool will not participate in signaling support for BIP-54.

BIP-9 enables miners to activate multiple soft fork switches simultaneously via the block header's nVersion field. BIP-54 seeks to resolve four persistent consensus weaknesses in the Bitcoin protocol at once, aiming to lower the fixed costs associated with individual upgrades.