If widely adopted, this mining pool protocol might possibly possibly also relieve Bitcoin turn out to be more robust and decentralized.
If widely adopted, this mining pool protocol might possibly possibly also relieve Bitcoin turn out to be more robust and decentralized.
The below is a insist excerpt of Marty’s Zigzag Scenario #1179: “Stratum V2 progress observed in the wild.” Test in for the newsletter right here.
Here’s something very encouraging to peep; a working demo of Stratum V2 in the wild. Even better, a working demo dropping on the same day as an intensive file on Stratum V2 from the mining crew at Galaxy Digital.
For these of you freaks who are ignorant of or maintain forgotten what Stratum V2 is and why it’s a ways predominant; it’s a contemporary mining pool protocol that, if widely adopted, would relieve to originate the mining pool layer of bitcoin more robust and decentralized by allowing particular particular person miners to invent their maintain blocks. On top of the decentralization advantages this is capable of maybe present privateness and efficiency advantages for miners as effectively.
As Galaxy factors out of their study file, the time for a mining pool protocol is components slack. Especially when one considers the amount of hashrate that has near and can simply proceed to be added to the network transferring forward. The stakes are high and rising and the protection Stratum V2 presents against man-in-the-center attacks is something that every miner wants as scrutiny of the bitcoin network increases.
It’s amazing to peep that there is cloth progress being made to bring Stratum V2 to market previous what the crew at Braiins has already completed through their firmware. Here’s indispensable work that can’t be overstated.
Speaking of Braiins, they wrote a speedily summary of the Galaxy file right here ought to you procure no longer essentially feel fancy reading your complete things.
Onward!
