Episode notes
In this episode of Bitcoin, Explained, Aaron (@AaronvanW) and Sjors (@provoost) are joined by Braiins co-founder Jan Čapek (@janbraiins), who has been leading the initiative to upgrade pooled mining to the Stratum V2 protocol. Aaron, Sjors and Jan discuss what pooled mining is, how the Stratum protocol helps with that, and in what ways Stratum V2 is an improvement over Stratum V1.
Chapters
00:00:00 Jan Čapek and Braiins
00:02:56 Listener boostagrams
00:04:07 Stratum V1, mining pools and shares
00:13:01 Stratum V1 shortcomings and mining firmware
00:21:32 Censorship resistance and job negotiation
00:26:52 Why Stratum V2: securing miners’ hash rate
00:29:43 Binary messages and more efficient mining
00:32:33 Empty blocks and speculative block templates
00:38:26 Stratum V2 adoption, translators and privacy
00:42:55 Remaining challenges: payouts and share accounting
Episode Sponsor: https://voltage.cloud/
Sjors New Book: https://btcwip.com
