A decentralized #Bitcoin is a Bitcoin where miners decide what goes in blocks, not pools.
OCEAN's ultimate goal is to make this a reality, and today we take one step closer to our vision of decentralized block template construction.
Available immediately, OCEAN is offering ๐บ๐๐น๐๐ถ๐ฝ๐น๐ฒ ๐ฏ๐น๐ผ๐ฐ๐ธ ๐๐ฒ๐บ๐ฝ๐น๐ฎ๐๐ฒ ๐ฝ๐ผ๐น๐ถ๐ฐ๐ถ๐ฒ๐, giving miners control over what blocks they are mining.
The three options are:
1) OCEAN Recommended (most real financial transactions and least spam)
2) Bitcoin Core with the โOrdisrespectorโ spam filter
3) Unmodified Bitcoin Core (same as other pools with fewest financial transactions and most spam)
OCEAN will continue its 0% promotional pool fee for options 1 & 2 while there will be a competitive pool fee of 2% for option 3.
Our fees are structured to incentivize miners to make choices that benefit the Bitcoin network in the long term.
Suggestions for more templates? Let us know at mining@ocean.xyz.
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Replies (30)
This is a big development for Ocean
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APPRECIATE YOU ๐ซก
๐ซ๐ซ๐ซ
What is the difference between 1 and 2 ?
1 you use knots node
2 you use bitcoin core modified to enforce that inscriptions respect the extra data limit configured in the node. (Currently there is a bug where idiots creating inscriptions can put 3 MB data in the extra data even if you specifically configured your node to relay only 80bytes)
Thanks for more user choices ๐ฅน
But... Miners can decide what pool they mine with. So WTF is your point here? Or is there not one and you just want to virtue signal to Bitcoiners?
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There's a lot of nuance, in this whole conversation. I think Bitcoin Mechanic did a great job explaining Ocean's position, in his conversation with Preston Push.
I fully support ocean mining
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Never.
That cunt better choose life.
๐คซ
Include the spam, or reject the spam?
The choice is yours!
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View quoted note โCan i use bitaxe with ocean? Does ocean support solo mining and if in pool, can I get whatever little sats through LN?
Your fees incentive miners to do what you think how bitcoin should be used.
What a fucking clown ๐คก show!
lol
Se terminรณ el bloqueo y en spam ๐๐๐๐โจโจโจโจ viva la libertad ๐ฝ
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Opposite templates, which pick up specific TXs with lower than optimal fees:
* Anti OFAC
* LN channel opens/closes
* Coinjoins/mixer TXs
Have people mine blocks that help their use cases.
"Anti OFAC" literally none of their templates are OFAC compliant so all of them meet this criteria.
"LN channel opens/closes" These will also be included in every available template.
" Coinjoins/mixer TXs" There is no standard for these TXs so protocols like whirlpool that override the datacarrier to announce to the p2p layer that they are doing coinjoins may unfortunately be filtered out however should be possible through option 3 which is unmodified.
Core+Antispam also shouldn't have the whirlpool issue FWIW
Ok, my bad on that
The general idea was templates that includes as many TXs in a specific category, so they'll be mined earlier and cheaper. It's a stupid idea, but if people want more template options, this is going into the opposite direction of filtering.
block #3 very soon
It will be great a pool with zero fees and LN payments from a non-profit organization on a ''.org'' domain.
Thatโs great to hear and sincerely hope they wonโt be stopped by government. The only thing I canโt help thinking about is if they launched a few weeks late but in this state: โokay miners will choose if they want to include inscriptions or notโ there would be no drama and disappointment but I guess they wanted to live through this discussion to lay down their arguments.
This might served to explain ordinals and BRC20 as a spam due to a bug. Which is a legit argument I believe.
Lastly maybe the Public Relations guy should be the Bitcoin Mechanic instead of Luke. Even though Luke may have the purest of intentions I think its safe to say he has not the best communication skills.
Miners have template choice. Greate move, thank you for helping secure the BTC network and a great compromise. Love the pool!!
This seems important; like a bigger deal than most think. Very cool.
This is a great idea.