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722 sats \ 1 reply \ @thebitcoinbugle 22 Mar \ on: AMA - Stratum V2 SRI team, yesterday we released an important update 1.0.0! AMA
Why does Stratum V2 matter (outside of better communication between pool and miner) if the pools with the majority of the hashrate such as Antpool, Via BTC, Foundry, Luxor, SBI Crypto, F2Pool, etc will likely never allow their customers to construct their own blocks?
Also doesn't it put the pool in a weird situation to have to choose whether or not to approve the miner's proposed block?
There is definitely many problems in mining. Curious how Stratum actually solved it in practice.
Just because these pools dominate hashrate today, it doesn't mean they will do so forever.
As soon as market dynamics change, they could lose hashrate to other pools that provide more transparency.
In fact, block template is not the only issue with centralization on the mining industry nowadays. There's still lots of improvements to be made with regards to transparency and decentralization around share accounting and payout mechanisms. As soon as pools start implementing those (regardless of how small they are initially), other pools will be forced to follow.
SV2 doesn't really bring any innovation around these aspects however. That is still up to the pools to implement those.
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