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 (5)
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!!