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#Bitcoinmining #Decentralization at Risk: The Urgent Call for Stratum V2 Adoption  Casey, founder of Ordinals, raises concerns about Bitcoin mining centralization, highlighting the dominance of major pools like AntPool. He sees Stratum V2 as vital for empowering individual miners and strengthening Bitcoin's censorship resistance. Casey stresses the importance of thorough testing for Stratum V2 to safeguard Bitcoin's core value of decentralization. - Evaluating Bitcoin Mining Decentralization: Casey observes a shift where large mining pools, once independent, now act as proxies for AntPool, posing risks to Bitcoin's integrity. - The Significance of Stratum V2: Stratum V2 marks a substantial evolution by enabling miners, rather than pools, to choose transactions for inclusion in blocks. This shift reduces payout variance and preserves Bitcoin's decentralized nature. - Encouraging Miner Participation: Casey urges miners to invest resources in testing Stratum V2, suggesting the involvement of engineers and equipment to explore its functionalities for practical, scalable applications. - Community Support and Resources: Miners interested in adopting Stratum V2 can find support and troubleshooting advice on platforms like the Stratum V2 Discord server. Engagement with platforms like @DEMAND_POOL offers insights into the protocol's performance and integration challenges. Conclusion: Stratum V2 adoption reinforces Bitcoin's censorship resistance, crucial for its decentralization and #Security amid evolving mining landscapes. Source - en.coinotag.com #CryptoTrends2024 #BinanceSquareTalks $BTC

#Bitcoinmining #Decentralization at Risk: The Urgent Call for Stratum V2 Adoption 

Casey, founder of Ordinals, raises concerns about Bitcoin mining centralization, highlighting the dominance of major pools like AntPool. He sees Stratum V2 as vital for empowering individual miners and strengthening Bitcoin's censorship resistance. Casey stresses the importance of thorough testing for Stratum V2 to safeguard Bitcoin's core value of decentralization.

- Evaluating Bitcoin Mining Decentralization: Casey observes a shift where large mining pools, once independent, now act as proxies for AntPool, posing risks to Bitcoin's integrity.

- The Significance of Stratum V2: Stratum V2 marks a substantial evolution by enabling miners, rather than pools, to choose transactions for inclusion in blocks. This shift reduces payout variance and preserves Bitcoin's decentralized nature.

- Encouraging Miner Participation: Casey urges miners to invest resources in testing Stratum V2, suggesting the involvement of engineers and equipment to explore its functionalities for practical, scalable applications.

- Community Support and Resources: Miners interested in adopting Stratum V2 can find support and troubleshooting advice on platforms like the Stratum V2 Discord server. Engagement with platforms like @DEMAND_POOL offers insights into the protocol's performance and integration challenges.

Conclusion: Stratum V2 adoption reinforces Bitcoin's censorship resistance, crucial for its decentralization and #Security amid evolving mining landscapes.


Source - en.coinotag.com

#CryptoTrends2024 #BinanceSquareTalks $BTC

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💥💥💥 #shibaInu (SHIB) and #cardano Explode With #whale 🐳🐳🐳 Activity Recent movements in the cryptocurrency market have drawn attention to Shiba Inu (SHIB) and Cardano (ADA), with both tokens experiencing notable increases in large-scale transactions. Santiment reports suggest that this surge is primarily fueled by heightened interest from whale investors, characterized by transactions exceeding $100,000. This week, the number of such substantial transactions for SHIB and ADA has more than doubled compared to the average for 2024. According to a chart accompanying the report, the current count for such significant transactions stands at 875 for ADA and 321 for SHIB. However, just the day before, these figures were considerably lower, hovering around 455 for Cardano and 81 for Shiba Inu. In a noteworthy development, U.Today highlighted intriguing whale activity concerning SHIB, reporting that early investors from 2021 have recently accumulated over 1.3 trillion Shiba Inu, equivalent to $33.28 million. The true nature of this accumulation by major players in these digital assets remains uncertain. Presently, both $ADA and $SHIB prices are experiencing a slight downturn, with both tokens trading in the red today. Nevertheless, a broader perspective reveals that since the beginning of the week, over the last three days, the price of Shiba Inu and Cardano has seen modest gains of 3.8% and 2.5%, respectively, amidst relatively low volatility and rapid fluctuations. This observation could indicate the presence of whales actively accumulating positions on the buying side. Source - u.today
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👉👉👉 SwapKit & Swing Partnership: A New Dawn for Cross-Chain #CryptoTrading In the dynamic realm of decentralized finance (#DEFI ), cross-chain technology is advancing, offering integrated solutions for users & developers. A notable breakthrough is SwapKit, an all-in-one SDK designed to streamline native cross-chain trading & DEX aggregation, enabling the creation of resilient, multi-chain decentralized applications (dApps). Swing's integration of SwapKit is a major milestone, improving liquidity across blockchain networks, particularly between Bitcoin & EVM-compatible chains. This collaboration streamlines cross-chain exchanges & boosts liquidity management in DeFi. Leveraging SwapKit, Swing now facilitates efficient #THORChain swaps, allowing direct exchanges between major EVM chains & Bitcoin, enhancing user trading experience. Swing CEO Viveik Vivekananthan stresses the strategic significance of this integration, underscoring its potential to empower Web3 developers with essential cross-chain liquidity tools seamlessly. The amalgamation of SwapKit with Swing's platform offers several advantages: 1. Enhanced Liquidity Access: Leveraging THORChain's liquidity pools via SwapKit enables developers to facilitate dynamic swaps between Bitcoin & various EVM chains, enhancing liquidity management & ensuring more competitive trading conditions for users. 2. Simplified Development Process: Swing's suite of tools, combined with SwapKit's capabilities, simplifies the development process for cross-chain dApps. Developers can seamlessly integrate sophisticated features without extensive technical overhead. 3. Seamless User Experience: The unified cross-chain user experience facilitated by Swing, enhanced by SwapKit's integration, ensures smooth interaction across different blockchain networks, fostering broader adoption of decentralized applications. The strategic alliance between Swing & SwapKit sets new standards in cross-chain liquidity & interoperability, driving growth & user engagement in the #Blockchain space. Source - blockchainreporter.net
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💥💥💥 From Disney to #Blockchain : New Web3 Game Set to Transform Online Gaming Landscape Exciting news reverberates through the realm of web3 gaming as Immutable unveils its partnership with The Mystery Society, heralding the arrival of a groundbreaking social deduction game on its zkEVM platform, powered by 0xPolygon. Backed by a recent $3 million funding injection, The Mystery Society, spearheaded by industry veterans from Disney and Club Penguin, stands poised to reshape the landscape of social gaming. This collaboration marks a significant milestone not only for The Mystery Society but also for Immutable, underscoring its commitment to nurturing innovative game development within the blockchain sphere. By harnessing the capabilities of #zkEVM , The Mystery Society promises a seamless and scalable gaming experience, showcasing Immutable's advanced technological infrastructure. The brainchild of Great Big Beautiful Tomorrow Corp, led by Chris Heatherly, former Head of Games at Disney and Universal Pictures, The Mystery Society aims to foster a symbiotic relationship between developers and the community. Utilizing Immutable's zkEVM, lauded by Heatherly as the pinnacle of web3 game development, it transcends mere entertainment. With its unparalleled capacity to facilitate intricate applications while enhancing scalability and security, Immutable's platform is poised to set a new industry standard, particularly in the burgeoning realm of blockchain-based gaming. As The Mystery Society launches on Immutable's zkEVM, it promises to blend entertainment, intrigue, and community engagement. With seasoned industry pros and innovative blockchain tech, it's set to captivate gaming enthusiasts and decentralized gaming ecosystem enthusiasts alike. This collaboration marks a potential gaming paradigm shift, uniting community and developer interests to enhance the gaming experience. It showcases the endless possibilities of merging traditional gaming expertise with blockchain technology. Source - blockchainreporter.net #CryptoNews🔒📰🚫 #BinanceSquareTalks
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