If Fedipools prove to be viable we could find ourselves in a world where bitcoin mining pool centralization risk is significantly reduced and the worries that many have today cease to exist.
https://tftc.io/martys-bent/issue-1318-fedipools-as-a-potential-solution-to-centralization-risk/
Would love to see this
It’s all about incentives, man. Looking forward to seeing how this idea develops.
Great read. Thanks Uncle Marty.
Fedipool/fedimint are a huge future tool. Not the end all be all, but one more tool...
I think it's more than derisk.
It supplies a base for a circular bitcoin economy with bitcoin native participants holding liquidity and cooperating in a Fedimint federation on top of easy to rapidly develop fedimint apps. Connect this with Nostr, and its hard to imagine the limits.
Mempool has Foundry around 34%, but I have seen estimates up to around 40%. Either way, it is not a good look - no matter what you think of Foundry.
Looks promising!
I'm looking forward to hearing this. I have been concerned about this problem.
