#bitcoin is plebtech with geopolitical implications ngl feels a lot like Project Mayhem 🧼 @npub1an84q6c03wml5lf0uwcqcr20ydwv0t0lvv0xktlcfs9seattef8sdhz6yg

I attended BTC Prague 2024 as a contributor to Stratum Reference Implementation (SRI) I helped the SRI community deliver a hands-on workshop during HRF dev/hack/day. We had very positive engagement from Hashlabs Mining. We also spoke with some relevant industry players, including: - Demand, which is trailblazing SV2 adoption with the Job Declaration protocol. I'm very bullish on how they are decentralizing mining by allowing their hashers to select transactions. - Braiins, which gave us a sample of their new BMM100 (SV2 enabled Home Miner). It will allow us to test SV2 interoperability between SRI and BOS firmware. - Marathon, which gave us a sample of their new UCB2100 (Antminer Control Board). - Ocean, whose community of hashers could benefit from an off-the-shelf FOSS SV1 Proxy solution and reduce the incidence of empty blocks being mined on their pool. My key takeaways with regards to SV2 adoption: - Demand is writing some awesome libs based on SRI. I'm excited to record some live coding screencasts with @Fi3 and share that knowledge with the community. - The Bitcoin mining industry has fragmented SV1 standards - players are eager for SV2 enabled firmware but also working new standards for encryption and binary encoding on SV1 - FOSS SV2 firmware has great potential to boost adoption (e.g.: github.com/plebhash/cgminer-sv2 🙏) - Industry players will adopt SV2 when they are ready, and this will be a gradual transition. - Bitcoin is at its healthiest when hashpower flows easily across different pools - INTEROPERABILITY INTEROPERABILITY INTEROPERABILITY ⛏️ plebs be hashin ⚡

It's fair to point out that SV2 JD (as a protocol spec) is agnostic (and therefore neutral) with regards to share accounting. But to claim that SV2 JD imposes low revenue on hashers is not a fair criticism. Just because the industry has been stale on outdated Share Accounting models, it doesn't mean that we need to live in that world forever. SV2 JD is shaking up market dynamics. Business is def not "as usual", but there's also fertile ground for innovation. Pools that are seeking and open to innovation will adopt SV2 JD and come up with multidimensional Share Accounting. There are at least 2 (but maybe more?) dimensions on this design space: - Share Difficulty - Share Template Fees Also, Pools that want to move away from burdens of Regulatory Compliance can simply outsource Templates to hashers.