Bitcoin’s Next Upgrade Could Be Years Away, and It Fixes Four Old Bugs

TLDR Developers surveyed at TABconf expect Bitcoin’s next soft fork in 2028 or later. The leading candidate is BIP-54, also called the Great Consensus Cleanup. Co-author Matt Corallo gives BIP-54 an 80% chance of being the next soft fork. The upgrade would fix four known bugs, including the time warp flaw. LayerTwo Labs CEO Paul Sztorc called it a “janitorial maintenance fork.” Bitcoin’s next protocol upgrade may not arrive until 2028 or later, according to developers surveyed at a recent industry conference. The leading candidate fixes four long-known bugs and does not add a new feature. The proposal is called the Great Consensus Cleanup, or BIP-54. It was first put forward in 2019 and targets flaws in Bitcoin’s consensus rules that have been around for years.

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