F2Pool co-founder Wang Chun: Bitcoin protocol upgrades should not use a “bundling bill” approach; opposed to BIP-110 and BIP-54

Gate News update: On April 4, Wang Chun, a co-founder at F2Pool, posted on the X platform saying that Bitcoin protocol upgrades should not use a similar approach to what American politicians use to force through “some clauses that must pass but are unpopular,” and that this is also an important reason why he opposes BIP-110 and BIP-54.

In response to whether he has encountered any problems when using any repair procedures based on BIP-54, Wang Chun added that the Timewarp issue has been around for a long time and offers miners no significant advantage, because it isn’t possible to predict who the miner of the next block will be. The only real use is to interfere with certain altcoins. Since there is almost no practical benefit for Bitcoin miners, there is no urgent need to modify it. Block validation efficiency has been significantly improved due to libsecp256k1 and hardware upgrades, so there’s no need for protocol-layer adjustments. “Forged confirmed transactions” fundamentally depends on exploiting a broken double SHA256 collision; if that holds, it would mean that Bitcoin Core security has been compromised. Wang Chun further said that none of the issues above is enough to push for protocol changes; at present, only the “duplicate transactions” problem has some remediation value, and it may be one of the few changes worth implementing.