Developer sees strong odds for BIP-54 becoming Bitcoin’s next soft fork
Bitcoin developer Matt Corallo assigns an 80% probability to BIP-54 becoming the network’s next soft fork, according to Crypto.news.
Bitcoin developer Matt Corallo assigns an 80% probability to BIP-54 becoming the network’s next soft fork, according to Crypto.news. Bitcoin (BTC) is trading at ₹75,93,458 ($80,252.00), down 0.4% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Thu, 05 Nov 2026 08:00:01 UTC.
BIP-54 targets four long-standing network weaknesses, so successful adoption could improve Bitcoin’s protocol design. It remains a proposal rather than an activated upgrade.
- Corallo estimates an 80% chance BIP-54 becomes Bitcoin’s next soft fork.
- The proposal addresses four long-standing network weaknesses.
- Bitcoin trades at $80,587, up 3.50% over 24 hours.
- The broader crypto market is broadly higher, while sentiment remains neutral.
- Bitcoin’s Bug-Fixing Soft Fork Puts Protocol Maintenance Muscle Memory on Display
- Developer sees strong odds for BIP-54 becoming Bitcoin’s next soft fork — this brief
Bitcoin developer Matt Corallo has estimated that BIP-54 has an 80% chance of becoming Bitcoin’s next soft fork. Crypto.news cited a November 4 Decrypt report in which Corallo discussed the proposal, which is intended to address four long-standing vulnerabilities in the network.
The supplied coverage does not identify the four weaknesses or provide technical details about the proposed changes. It also does not cite an activation timeline, implementation progress, or evidence of formal network support, so Corallo’s estimate should not be treated as confirmation that an upgrade is imminent or already scheduled.
Bitcoin was trading at $80,587, up 3.50% over the previous 24 hours and 0.53% over seven days. Its market capitalization stood at $1.62 trillion within a total crypto market of $2.76 trillion, which was broadly higher. The Fear & Greed index registered 50, placing sentiment in neutral territory.
The development matters primarily at the protocol level: BIP-54 seeks to close several enduring gaps in Bitcoin’s design. The next indicators to monitor would be technical specifications, developer and node-operator support, and any formal activation process, although the current coverage supplies no dates or milestones for those steps.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹76,25,155.72$80,587.00 to ₹75,93,457.96$80,252.00 — -0.42%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $55,000 by December 31, 2026?
Crowd-implied probability on Polymarket, ₹11.24M 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 5 07:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.10M (about $80,252.00), up 2.8% over 24 hours. The rupee itself trades about 6.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Developer sees strong odds for BIP-54 becoming Bitcoin’s nex — questions & answers
How likely is BIP-54 to become Bitcoin’s next soft fork?
Matt Corallo estimated an 80% chance, according to Crypto.news citing a November 4 Decrypt report.
What issues does BIP-54 aim to address?
The proposal targets four long-standing network weaknesses, but the supplied coverage does not name them.
Has BIP-54 already been activated?
No. The supplied coverage describes BIP-54 as a proposed upgrade and provides no activation date.
How much is 1 Bitcoin worth in rupee today?
About ₹8.10M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,252.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.42% since this brief first published — trading at ₹75,93,458 ($80,252.00) now versus ₹76,25,156 ($80,587.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.