teemupleb on Nostr: Braidpool is a decentralized #Bitcoin mining pool protocol using a directed acyclic ...

Braidpool is a decentralized #Bitcoin mining pool protocol using a directed acyclic graph (DAG) to distribute share accounting and rewards.

It mitigates mining centralization, reduces variance for smaller miners, and enables non-custodial payouts via FROST multisig.

Braidpool supports hashrate derivatives to minimize financial risks and is in early development, relying on volunteer contributions and offering opportunities for Bitcoin entrepreneurs.

Read more on Highlighter:

https://highlighter.com/npub15vxdlmhftkh452a06vnr3mmks2dy8hqejeuxuv6sgy5rgtf0jllsccfzg7/Braidpool-Decentralized-Bitcoin-Mining-Pool-vl6m6x

#bitcoin #mining #decentralization