Ocean Mining & Decentralization on Higher Layers episode artwork

EPISODE · Jan 2, 2024 · 7 MIN

Ocean Mining & Decentralization on Higher Layers

from The SatsMate Stack · host Paul

Hi All, Recently there have been some efforts to find avenues to decentralize mining pools. Centralization of any aspect of the value chain can prove harmful to the long-term success of Bitcoin. There are many potential downside risks for not decentralizing these higher layers. I also discuss ordinals, broader consensus & some of the talks around censorship. Overall, we need to find ways to remove risks of apps or projects from being coopted. If we don't, there will be a tough road ahead for freedom money. SatsMatesBitcoin Buys: https://invite.strike.me/2MSTYGBitcoin Address: bc1q7mahtup2zwnshwjppc5rqxcn0ydg5k5h4j3npth6vtxjdum2c2eqvx53ckFinancial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.Youtube: SatsMateX: SatsMateInstagram: SatsMateswebsite: www.satesmate.comSend us Fan MailSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

Episode metadata supplied by the publisher feed · Published Jan 2, 2024

Embed this episode

Hi All, Recently there have been some efforts to find avenues to decentralize mining pools. Centralization of any aspect of the value chain can prove harmful to the long-term success of Bitcoin. There are many potential downside risks for not decentralizing these higher layers. I also discuss ordinals, broader consensus & some of the talks around censorship. Overall, we need to find ways to remove risks of apps or projects from being coopted. If we don't, there will b...

Distinct summary based on available episode metadata or transcript content.

NOW PLAYING

Ocean Mining & Decentralization on Higher Layers

0:00 7:35

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of The SatsMate Stack?

This episode is 7 minutes long.

When was this The SatsMate Stack episode published?

This episode was published on January 2, 2024.

Can I download this The SatsMate Stack episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!