Ocean pool is discredited by BIP110, and there is no way out of it for them. I respect Ocean for two things: - Direct coinbase payouts, popularizing the idea and first impactful implementation. - Miner-controlled templates, first impactful pool supporting it (albeit not in standard way but with their own working-but-hacky solution). On the other hand, I despise them for their support for BIP110. They are distancing themselves from Luke Dashjr and Mechanic, but you can't change the past, the stigma remains, sorry, guys.

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OCEAN is a decentralized Bitcoin mining pool offering the industry

BIP110 hashrate is evaporating fast. Just after the split, Ocean's 30 EH was split roughly equally, 15-15 EH. Now, after 8-9 hours, it has fallen to 1.4 EH. Miner incentives work as designed.

I've watched the BIP100 fork happening, and I've witnessed the birth of the first two blocks on the rogue chain. Chances are I saw ALL the block that will ever happen...

BIP110 has forked for good. But the two chains/versions/networks still share the same mempool, right? I mean there is no network-level partitioning, and a valid pending transaction in one network is valid in the other one as well.

BIP110 has forked, but it would start enforcing its filtering only in 2 difficulty epochs, which will never happen due to missing hashrate... View quoted note →

BIP110 has forked, but it would start to enforce filtering only in two epochs, which will never happen due to lack of hashpower... View quoted note →

The last 6 bitcoin blocks (since the beginning of the new difficulty period) have 22 minutes block time on average. It's funny that BIP110 had only 1 block in the same period, yet the block time is only 10 minutes! Of course, when there will be a second block, this number will go down a lot...

Creating true randomness with algorithms is impossible. Testing randomness is extremely difficult. Code review is fallible. Old truths, but smashed into our face now.

Looks like a graph from @l0rinc ... :) View quoted note →

GM! Enjoy the long days!

Huge BTC graffiti in a Prague alley... legends View quoted note →

Bilocation skills would be handy tomorrow, so many great talks are incoming!

Freedom Tech Summit :: pretalx

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TIL there are more MeshCore nodes than bitcoin nodes!

Zappool goes mainstream 🤣 View quoted note →

GM

was long overdue ;) View quoted note →

G!M!!

I respect both @OpenSats and @SeedSigner, sorry to see this View quoted note →

GM! You don't need someone to tell you what can you do!

Typing 'zappool-dataaccess' is always a challenge -- 5 double letters!