Can you help me figure out what this is???

ok i have this thing in my tank and i have no clue on what it is or if its good or bad to have in my tank...its growing on the rock like a polyp (sap looking stuff that spreds across the rock) and has long soft weed things idk how else to describe it....its a pinky white color...ill post a pic and a link to see if you can figure out what it is

IMG00177 on Flickr - Photo Sharing!
3554852763


IMG00178 on Flickr - Photo Sharing!
3554852783
 
oh ok well yea that feels and has the texture of a sponge but i didnt know that sponges grew like tenticle things out of it
 
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