OCEAN Launches DATUM Protocol to Restore Decentralization in Bitcoin Mining
OCEAN has unveiled a new protocol called DATUM, aimed at restoring decentralization in Bitcoin mining. DATUM allows individual miners to construct their own block templates while participating in pools, aligning with Bitcoin’s original vision.
The initiative comes amid growing centralization in mining, where large pools control over 50% of the network’s hash rate. This raises concerns about potential transaction censorship and 51% attacks.
OCEAN co-founder Luke Dashjr stated that the launch of DATUM is a pivotal moment for the mining community. The protocol aims to ensure the security and decentralization of the network, strengthening its resilience against regulatory pressures and centralized control.
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