pull down to refresh
2537 sats \ 6 replies \ @0xB10C 1 Dec 2023 freebie
It seems to me they aren't mining transactions with larger OP_RETURN outputs, likely because they are running Bitcoin Knots. That's a weird way to say "Hello World" as a pool which has a big "Bitcoin is no longer censorship-resistant, and mining centralisation endangers its security too. It's time to fix that.". IMHO just use the default Bitcoin Core template...*.
*. they're obviously free to mine what ever they want, but all the "block template transparency" blabla could have, from the start, included that they diverge from the (current) default mempool policy.
reply
472 sats \ 0 replies \ @nicosey OP 1 Dec 2023
Luke Jr not a PR guy :)
reply
63 sats \ 2 replies \ @newnym 1 Dec 2023
Wait a minute. I thought that Ocean was using Stratum V2, and as such each miner gets to decide what goes on the block.
reply
1 sat \ 1 reply \ @rijndael 2 Dec 2023
Nope. They say they plan to, but are not currently
reply
22 sats \ 0 replies \ @moneyball 2 Dec 2023 freebie
There should be far more attention paid to DEMAND which actually is the first Stratum v2 pool allowing miners to select transactions. https://x.com/bitentrepreneur/status/1730350206317703648?s=12
reply
0 sats \ 0 replies \ @shibe 5 Dec 2023
So in other words OCEAN promised to be a censorship-free pool that's trying to decentralize Bitcoin using stratum v2.
So all the people who believed in this instead got a classic stratum pool running Luke-jr's bitcoin fork that rejects ordinals. So much for censorship-resistant and decentralized
reply
0 sats \ 0 replies \ @bzzzt 1 Dec 2023
Fair point i imagine they will provide more clarity soon .
reply
362 sats \ 3 replies \ @elvismercury 1 Dec 2023
Seems like a decent amount of people would consider not mining ordinals a feature, not a bug. There's a kind of meta-market evolving here, maybe.
reply
228 sats \ 1 reply \ @_stacktoshi 1 Dec 2023
It's censorship resistant. Is anyone stopping them from mining their own transactions? Everything has a cost.
reply
1373 sats \ 0 replies \ @elvismercury 1 Dec 2023
It's even more fundamental than that: censorship resistant means that individual actors can make up their own opinions. If a big group doesn't want to mine ordinals, for whatever reason -- perhaps because they believe it's harmful for the long-term viability of the network -- then this is a way they may band together to express that.
And of course, you can see how, taken to extremes, that strategy could itself produce worse long-term consequences. It's a complicated system with complicated acts.
Well said.
reply
228 sats \ 0 replies \ @kepford 1 Dec 2023
Its interesting to watch isn't it. Censorship is easy to oppose when its things you like or don't care about. Its different when it is things you find repulsive or harmful.
reply
270 sats \ 0 replies \ @bzzzt 1 Dec 2023
https://m.stacker.news/6474
reply
251 sats \ 0 replies \ @HardMoney 1 Dec 2023
Their weird block template missed out on 20% of fee revenue
reply
132 sats \ 0 replies \ @DarthCoin 1 Dec 2023
We are fucking fix the problem with melting polar icecap... let it come guys, each time we see an iceberg coming, we will do 1000 btc txs.
We will do so many btc txs until we drain the oceans so we can walk to El Salvador. no more shipping containers.
Me after, few BTC txs, going to El Savador on the ocean bed floor...
https://i.postimg.cc/W3Hktd7q/madmax-cars.gif
reply
35 sats \ 2 replies \ @DarthCoin 1 Dec 2023
OK, now we can go back to draining oceans (sic)
reply
32 sats \ 1 reply \ @nicosey OP 1 Dec 2023
After we are done with swimming pools...
reply
11 sats \ 0 replies \ @DarthCoin 1 Dec 2023
No worry, now he have Bitcoin cloud factories...
reply
2 sats \ 0 replies \ @niftynei 3 Dec 2023
update: they found a second one https://damus.io/note1pcurrjky2zptq6whfl30mjvjyeczman4avzuun2sa505s6j5kxpstgqtvz
reply
0 sats \ 0 replies \ @fiatdenier 1 Dec 2023
You can’t withdraw anything less than 1M sats. Kinda bullshit if you ask me
reply
0 sats \ 0 replies \ @OT 1 Dec 2023
Nice!
I was watching this occasionally. The block before it was in 2017!
reply
0 sats \ 0 replies \ @bzzzt 1 Dec 2023
Thats awesome!
reply
0 sats \ 0 replies \ @Cowboy 1 Dec 2023
How about memeOcean.xyz
reply
0 sats \ 0 replies \ @Wumbo 1 Dec 2023
Good Job Guys
https://www.ocean.xyz/dashboard
reply