Ordinals Founder: Stratum V2 is a 'Beacon of Hope' for Decentralizing Bitcoin Mining

IconCrypto News Terminal25 Apr, 2024

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Ordinals Founder: Stratum V2 is a 'Beacon of Hope' for Decentralizing Bitcoin Mining

Ordinals protocol founder Casey Rodarmor has hailed Stratum V2 as "a beacon of hope for decentralizing Bitcoin mining." The next-generation protocol upgrades Bitcoin's mining pool system, allowing miners to directly select the set of transactions included in each block. This enables miners to pool together to reduce payout variance without sacrificing their ability to construct block templates. Rodarmor noted that Stratum V2 has been in development for a considerable time and is now ready for miners to begin testing it in earnest. The protocol aims to enhance the decentralization of Bitcoin mining by empowering miners to have a greater say in the transactions included in blocks. Previously on April 24, 2024, Ordinals protocol founder Casey Rodarmor stated that “Stratum V2 is a beacon of hope for decentralizing Bitcoin mining.”

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