yea, it would be complementary to stratumv2.
guardians would construct the blocks, individual miners in the pool could choose which guardian constructs their blocks.
custodial risk would be reduced over a traditional pool setup. privacy of individual miners improved + easy lightning withdrawals for mining rewards.
Ive been hearing about stratumV2 for years... hopefully it gets some support now🤦♂️
there is an open grant to have someone work on it from spiral or square crypto, can’t remember which one. tell all your rust frens about it
interesting, although i’m not seeing the benefit of having guardians construct blocks vs having individual miners construct blocks (which is what stratumV2 is proposing)
You could probably set it up so all miners in the pool construct their own blocks as well. Just think it is more practical to expect five to seven miners (however many guardians are chosen) in a pool to run their own node and do block construction than every miner.
right, but i think that’s still stratumV2 haha. basically you need 1 or more miners behind a bitcoin core node, and the core node creates block templates. the benefit i see here is you can choose for yourself in stratumv2 how cooperative vs decentralised you want to be.
not saying fedipool is a bad idea, or stratumv2 is better. just trying to understand if fedipool adds anything new, and it doesn’t seem like it does. but maybe fedipool gets more traction?
It reduces custodial risk, improves privacy, and adds easy lightning withdrawals that the pool operators do not have to manage themselves.
Well you can't have fedipool without StratumV2 so the latter is a must. fedipool helps further decentralize pools. Even with V2 a pool could technically reject the block sent by miners and use their own( I think), Fedipool would spread that responsiblity onto multiple guardians (essentially many pool operators) which should reduce the risk.
Please being ecash adds privacy to a miner's payouts. It's an interesting concept.
**plus being chaumian ecash adds....
