F2Pool co-founder says BIP-110 supporters turn Bitcoin into a religious ideology
March 20, 2026, 5:51 AM
Wang Chun, co-founder of the world's fourth-largest Bitcoin mining pool F2Pool, strongly criticized Bitcoin Maximalism on X regarding the debate over BIP-110. He argued that supporters of the proposal have transformed Bitcoin from an innovative economic idea into a quasi-religious ideology. Wang stated that these individuals dismiss any attempts to improve scalability or functionality as an "attack by altcoins," which he described as an attempt to conceal their own lack of innovation through "moral condemnation." He added that they are more focused on defending their position by maintaining a confrontational stance with other sectors than on solving practical problems. "While other fields are building out DeFi, privacy, and payment infrastructure, maximalists are preoccupied with acting as 'gatekeepers' rather than solving real issues," he said. BIP-110 is a formal proposal to create a P2P Encrypted Transport Layer, which has become a point of contention between supporters who believe in preserving Bitcoin's purity and opponents who advocate for expansion through L2s and DeFi.
Log in to leave comments!
Share insights, connect ideas
Log In