Colleagues, this is a follow-up to our recent post about
alternative Bitcoin mining protocols. Well Bitcoin core developer Matt Corallo has officially launched BetterHash which
offer a decentralized alternative to Stratum the most common BTC and
much more centralized protocol used by AntPool and Bitmain. The goal is to give miners more control over block templates
and help mitigate the risk of a government ordering a locally-operated mining
pool to censor transactions. Moreover, BetterHash’s sub rosa plan appears to be
to prevent Stratum in general, and Bitmain in particular, from achieving a 51%
majority stake in BTC mining. So how well will BetterHash be accepted and
potentially pre-empt Stratum-Bitmain’s control over BTC mining? You make the call. Share a comment visit us today! Lawrence – Cryptocurrency
Academy (https://cryptocurrencyacademy.blogspot.com/)
Our mission is to provide Training and Certification programs to enable Cryptocurrency, Blockchain and FinTech traders and investors worldwide to achieve their career goals.
Subscribe to:
Post Comments (Atom)
-
Colleagues, crypto time warp attacks occur when miners collude to report incorrect timestamps that are farther apart, messing with the ...
-
Crypto Traders, gain a competitive advantage in cryptocurrency and Bitcoin trading with three complementary programs. First, the Certified C...
-
Colleagues, we have written extensively about the CBDC initiatives underway in China (PBoC), US (US Federal Reserve) and the UK (Bank of...
No comments:
Post a Comment