Discussion
Very cool. Seems conceptually like fedipool but with DLCs instead of ecash payouts.
I don't see any information on the team behind this project. Anybody know who these folks are?
It seems like on-chain transactions are still needed for payouts, which will become a scalability blocker even though they have a novel solution to limit the number of payouts.
Yeah it doesn't solve the problems that block small-scale miners. It's great to see more teams exploring novel mining pool designs. Much work needed in this area.
Glad to see more people working on this, but tbh, nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu seems to be well in their way to solving this with DATUM.
Over half of Ocean's blocks are now found by miners that are creating their own templates.
nostr:nprofile1qqs9df4h2deu3aae83fmet5xmrlm4w5l9gdnsy3q2n7dklem7ezmwfcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq5xamn8ghj7dnvv45xs7tywde8g6rpvakkjuekw46nvar4vdhxgan6wumkxatzwpckk6rk0puhjdm2da5k7ce5x4kkkumjx3jkzepwdahxjmmwqyt8wumn8ghj7un9d3shjtnwdaehgu3wd9hxvmckqw0xz + nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu is a powerful combination
Ocean is pulling 4 exahash. Bitcoin is pulling 738 exahash. I wouldn't say anyone is "well on the way" to solving block template distribution.
Radpool appears to be primarily a hashrate futures design. Block template decentralization seems like a side effect.
Same for my project.
4 exahash is 4x what they were last year. I think the number of miners creating their own blocks has increased by 10x. It may not reflect a large amount nor hashrate yet, but it is well in its way.
I am a huge fan of ocean. They are crushing it in a field where all of their competitors are pulling in the opposite direction, toward centralization. Literally nobody else is doing what ocean is doing...yet.
But we have many many miles to go. If mining decentralization is Mt. Everest then Ocean alone has not reached basecamp.
You can do hashrate futures w/ hashpool?
Oh yeah! Very low level, very close to the protocol. This should make for an extremely liquid and private hashrate futures market.
read about it here: https://hashpool.dev