@GeneralProtocols 8 September 2025

GP Statement on CHIPs and 2026 Activation

As we approach the lock-in for the May 2026 upgrade, discussion around the Functions CHIP has intensified with continued scrutiny and investigation. This has resulted in more understanding of the trade-offs involved and exploration of alternative approaches, allowing stakeholders to make an increasingly informed opinion. The deep work performed by Jason on creation of CHIPs has required significant effort to evaluate. It has also required discussion to elucidate a wide range of additional angles that increase confidence that all bases have been covered. That coverage has importantly included not only the immediate and longer term benefits, but also risks - more amorphous, harder to specify, and due to the one-way nature of consensus upgrades, critically important. General Protocols has been convinced that in the space of possible alternatives, including EVAL, modified versions of Functions and doing nothing, define/invoke is the best choice for BCH and endorses CHIP-2025-05 Functions (Commit 26e2256) for 2026 activation. https://github.com/bitjson/bch-functions/tree/26e22566a18f2f3b542ff46a70d258d5da585cd8 General Protocols also endorses the following CHIPs for 2026 activation: CHIP-2021-05 Loops (Commit bd3ebc7) https://github.com/bitjson/bch-loops/tree/bd3ebc76bfa2190255fd3b5fcd84ec8910652f4e CHIP-2024-12 P2S (Commit c144f03) https://github.com/bitjson/bch-p2s/tree/c144f03fe11b6de0e924b2285b355370d0e658b8 CHIP-2025-05 Bitwise (Commit a432a19) https://github.com/bitjson/bch-bitwise/tree/a432a19bcbc597391d0f0a29ae62a902b575d1dd ****General Protocols Blog**** This article forms part of the General Protocols Blog, a collection of cross-platform links showcasing our team's community activity, Bitcoin Cash projects, UTXO development, and general crypto musings.