Insight Global blockchain developers just coded Stratum V2 that was designed for Braiins for the Bitcoin blockchain into the Nervos Network. Stratum V2 is HUGE for miners, but why? Let’s ask blockchain developers!
What is Stratum V2 and why it’s important – http://voskco.in/ckbv2
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What is Stratum, and why is Stratum V2 an improvement? Did you know that it’s relatively easy to steal hashrate, basically mining rig computing power, in Stratum V1? Stratum V2 protects miners and their mining profitability. An interesting question asked in this interview is why do people join mining pools anyway? Mining Bitcoin, Ethereum, Nervos CKB, and other cryptocurrencies continue to become more difficult overtime, so people join together to solve blocks on the blockchain to get paid, but what if it was easier to deploy your own mining pool to decentralize a network better and potentially earn even more coins and thus earn more money mining?! Stratum V2 is HUGE for crypto miners of any coin, originally developed by the Braiins OS team largely in part for and around Slushpool the original Bitcoin mining pool, this incredible tech is now being added to another cryptocurrency project that plans to continue using Proof Of Work PoW, the Nervos Network and their CKBytes!
Links!
Nervos Network CKB crypto coin official website – http://voskco.in/Nervos
Apply for a Nervos Network Grant here like Insight did! http://voskco.in/ckb0
Rob Cannon official Github repository – http://voskco.in/ckb7
Insight Global github’s stratum build – http://voskco.in/ckb9
Example code that automatically sets up a mining pool (beta) – http://voskco.in/ckb8
Official Stratum V2 documentation and build from Braiins OS team – http://voskco.in/btc22
Timestamps
0:00 – 02:30 Guest Introductions
02:31 – 04:11 Nervos Network’s Proof of Work Implementation
04:12 – 06:58 What is Stratum V2 and why does it matter?
06:59 – 08:30 Security Value of Stratum V2
08:31 – 10:18 Uncomplicated Cloud Mining Pool Setups
10:19 – 12:22 Code Changes, Deployment & Testing
12:23 – 16:28 Mining Pool Features & Ease of Use
16:29 – 20:30 Lowering the Barrier to Entry for Mining
20:31 – 22:00 Effects of Proof of Stake Projects on Miners
22:01 – 22:50 Testnet Mining Competition
22:51 – 27:30 Stratum V2’s Performance Tuning & Overview Dashboard
27:31 – 29:50 Appeal of Mining Pool Statistics
29:51 – 31:48 Nervos Grant Program
31:49 – 33:22 Concluding Remarks
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