Construct

Block

The new DATUM protocol, launched by <a href="https://ultramining.com/news/en/innovative-mining-pool-ocean-launches-with-jack-dorseys-backing/" rel="noopener noreferrer nofollow">OCEAN</a>, provides miners with the ability to construct their own block templates while still participating in mining pools. This innovative solution aims to enhance decentralization and give individual miners more control over the mining process. Traditionally, large pools have dominated block template creation, raising concerns about centralization and potential transaction censorship. With DATUM, miners can choose which transactions to include, increasing transparency and network security. Experts believe that adopting this approach could significantly alter the dynamics of the <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/" rel="noopener noreferrer nofollow">mining industry</a>, returning control to individual participants and reinforcing the fundamental principles of blockchain.

DATUM Protocol Allows Miners to Construct Their Own Block Templates

Ultramining_Eng

Other articles published on Sep 30, 2024

Crypto market hits Monday blues ahead of September economic data

Binance Facilitates Orion to Lumia Transition

Bitcoin Hashprice Increases by 10.33% Over the Last Month, Providing Miners with a Much-Needed Boost

Coinpedia Fintech News

Expert Analyst Reveals ‘Top Target’ for Bitcoin (BTC) Price, Draws Out Path to $580k

Major Economic Events Set to Influence Markets This Week as Q4 Begins

Join our free newsletter for daily crypto updates!