Lichen, Mushroom, Toadstool?

This fungus type thing bubbled out of the sawed off log a couple of days ago. It was snow white when it first appeared. One day later it looked like this. I thought it looked interesting enough to snap a picture.
Maybe someone can identify it.

[Mike Warren]

Cool and unusual.

[Margaret Tryon]

Excellent shot Beth

[cris d]

whatever it is, it makes a good subject :)

[mittens (Marilyn)]

What an interesting looking toadstool. Cool shot.

[Brian Buccigrossi]

Cool shot :)

[Alta D©]

nice detail and textures!

[Jean Tookey]

A good shot. What a great colour.

[Agnes Zonnestraaltje]

I love the colors

[Pyrrhula]

Great pic Beautiful texture and colour

[Shirley]

love the textures......just shows there's life in the unlikeliest of places

[Juliette Packham]

great fungi...really cool textures

[Anna Mae Andrews]

What a surprise bundle. I was hoping at first that your frame was the shell of the tree.

[Shirley Chetwynd]

wow that is amazing

[Carolyn White]

Wow! What a cool find! I love things like this!

[Kerri]

Great textures

[alia_801]

No idea what it is, but I love the colours and textures in your pic!

[Howard Steele]

cool shot

[Harry J Benson]

nice texture and colouration

[Anne ❀]

very cool shot, nice textures