Damus
Kortik 🇦🇲 · 47w
Luke says that “How you choose to split up the reward, is irrelevant to mining being decentralized” that’s exactly opposite Ocean is the central server that coordinates the coinbase split and...
Bitcoin Mechanic profile picture
because miners are the ones making the templates.

it's as simple as that.

decentralized reward coordination is a separate issue and utterly irrelevant to Bitcoin, regardless it is being figured out but it is extremely difficult to manage in a scalable way.
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Chiefwhite · 47w
I love making my own block templates using DATUM.
Kortik 🇦🇲 · 47w
Just because they make their own templates it doesn’t mean mining is decentralized. What if my template asks for the full reward your node won’t grant me that You can still reject those self created templates. Because your Ocean node finds the block and broadcasts it to all the miners connected...
aeon 📜CTV + CSFS · 47w
You are misleading again, miners on Ocean arent building the entire template. Miners connected to Ocean are being being told what coinbase tx to use in their templates. If they choose not to use the one Ocean provides, they are switched to solo mining, which removes all variance reduction benefits, ...
BoringBTCNYB · 47w
Ignore the incentives… that always works well…