Former Twitter (now X) chief and avid Bitcoin supporter Jack Dorsey has recently led a seed funding round for OCEAN, a protocol that’s designed to decentralize bitcoin mining. The seed funding round raised $6.2million to set up the protocol’s initiatives.
According to an official press release shared with CryptoDaily, this initiative for the OCEAN protocol was originally envisioned by Bitcoin Core dev Luke Dashjr and Mark Artymko, co-founders of Mummolin.
Announced at the Future of Bitcoin Mining Conference, the project introduces a new mining pool model that departs from traditional pools by enabling direct, non-custodial payouts to miners. This shows the project’s commitment to and reinforcement of the decentralized ethos of Bitcoin.
„The role of mining pools must change for Bitcoin to exist as a truly decentralized currency,” shares Dashjr. „We are launching as the most transparent pool and also the only non-custodial pool where miners are the recipients of new block rewards directl
We współpracy z: https://cryptodaily.co.uk/2023/11/jack-dorsey-backs-ocean-to-launch-decentralized-bitcoin-mining-pools
