In a potentially centralised ecosystem of Bitcoin mining pools, but always exists, 256 Foundation (@256Foundation of X) is building the Hydra pool. The mission of the 256 Foundation is to “dismantle the empire of owner mining for bitcoin and free technology so that everyone can access it.”
Hydra Pool is an open source project with a GPL free software license (a public license or a “general public license” in Spanish) that ensures that users use, investigate, share or modify this mining pool protocol. It seeks to enhance miners with agile and accessible development tools aimed at providing alternatives Deviate quickly Red de Bitcoin hashrate “Single click” In critical circumstances (or least likely) such as government pressure.
In other words, the Hydra pool pretends to act as an escape valve for Bitcoin hashrats.
In summary, the Hydra Pool project is designed as a given pool server running on the Ember One Mining System. It provides open source Bitcoin mining pool software compatible with multiple operating systems (Multi-OS), supports full nodes and Stratum V1/V2, compatible with one-click implementations. The basic idea is to create a Bitcoin mining pool with less entry barriers. The purpose of a one-click implementation is to make the software easiest to use as possible.
256Foundation, Creadores de Hydra pool.
The current documentation for this pool then explains the protocol progress. For example, if a user wants to download a VPS (Virtual Private Server), Hydra pool, then with the help of an assistant, you can configure the parameters and get a fully functional mining pool server that you can share with your colleagues. In some cases, if Bitcoin is a victim of the authoritarian regime, anyone can quickly create an alternative pool. ”
Hydra pools are created for Bitcoin defense
The projects listed on the Hydra pool.org website identifies specific scenarios where implementing the protocol for this mining pool is very important.
Among them are possible requests from authoritarian governments seeking impose Identification requirements (KYC) For pool users. Forces the pool to censor transactions related to a list of sanctions like OFAC, or leave orphan blocks containing unnecessary transactions according to any standard.
In the case, the Hydra pool is presented as an immediate resource, allowing miners to reorganize and maintain the integrity of the Bitcoin network. The project’s name is inspired by Hydra de Lerna, a multi-headed mythical monster who regenerated what was lost. This mythological analogy reflects other characteristics of the Hydra pool. It is a system designed to be resilient, adaptable and multiplied to external control or suppression attempts.
As the official Hydra pool site points out, “If anyone can start a mining pool on an Ember One system using this open source project, using a self-employed computer or VPS, the operator can reorganize resources faster and pressure on the resources needed could sustain false demand.”
In other words, the Hydra pool We are trying to expand our ability to create mining pools in a short timeenabling immediate collective responses from the Bitcoin mining community. This protocol is open source software that can be implemented by miners, which reduces the dependency of large centralized pools and can strengthen the network against unique points of failure.
At the time of the wording, the Hydra pool is in the early stages of the project, but the specific budget is not detailed, but the site states that the project is exclusively funded using payment codes through donations through payment routes with Bitcoin called Zaprite and Paynym.
For security reasons, the Hydra Pool website states that “the exact amount remains confidential” in connection with the donation. It is then revealed that the project budget covers fair maintenance for the project manager and one to four engineers for 12 months. “Funds are paid equally each month,” they say from the project.
The Hydra Pool team emphasizes that the project does not have a monetization plan. As a commitment to the mission of protecting the decentralization of Bitcoin mining. This has already seen several projects dedicated to protecting the decentralization of Bitcoin mining.
Some do that through negotiations on miners’ work, such as DMND. Sea through free selection of block templates. Hydra Pool, on the other hand, offers the work that was lacking. It is a protocol for creating mining pools on the spot.
As reported by Cryptonotics, the 256 Foundation “discovered” new cases used in mining. Proof of this is found in Bitcoin block 881,423. There, nonprofit foundations used other miners’ hashrates as fundraising in a cooperative pool.
(tagstotranslate)bitcoin(btc)
