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GoMining Mines First Known Bitcoin Block Using Stratum V2 Protocol

GoMining Mines First Known Bitcoin Block Using Stratum V2 Protocol

GoMining has mined the first known Bitcoin block produced using the Stratum V2 protocol in collaboration with the DMND bitcoin mining pool, marking a demonstration of miner-controlled block creation in a live mining environment. The block was produced using Stratum V2’s Job Declaration functionality through the DMND pool, enabling GoMining to construct and submit its own block template rather than depending on a mining pool to determine transaction selection, a role that has traditionally dominated the sector.

The block contained transactions linked to GoBTC Pay, an open-source Bitcoin instant payments protocol developed by GoMining. The development is presented as a practical application of Stratum V2’s miner-driven architecture and represents an early deployment of a system designed to increase miner control over block construction and development within the bitcoin mining pool ecosystem.

Early Deployment of Miner-Controlled Block Construction Using Stratum V2

“This block demonstrates that miners can now participate in pooled mining while retaining control over block construction,” said Mark Zalan, CEO at GoMining in a written statement. “For years, mining pools have largely determined which transactions are included in Bitcoin blocks. By creating our own block template and including GoBTC Pay transactions, we’re demonstrating one of the practical capabilities that Stratum V2 makes possible,” he added. 

Stratum V2 is an open-source mining protocol developed with support from contributors across the Bitcoin industry. Alongside improvements in security and efficiency, the protocol allows miners to generate their own block templates while still participating in pooled mining. The successful mining of this block is presented as evidence that miner-directed block construction can function in live production conditions and may contribute to broader adoption of Stratum V2 across the mining ecosystem.

“A miner just mined the first Stratum V2 block to power their own product end to end,” said Alejandro De La Torre, CEO & Co-founder at DMND in a written statement. “GoMining declared the template and included their GoBTC Pay payments with no pool in the way. We built DMND for exactly this,” he added.  

The post GoMining Mines First Known Bitcoin Block Using Stratum V2 Protocol appeared first on Metaverse Post.

Source: Mpost.io

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