The BetterHash Crypto Protocol Seeks to Pre-Empt Highly Centralized Stratum Mining

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/)