#501: Bitcoin Mining Pools Are Critically Centralized with Matt Corallo

TFTC: A Bitcoin Podcast · Apr 24, 2024 · 1h 13m

Marty sits down with Matt Corallo to discuss the Antpool situation and how the centralization issue can be solved.

Matt on Twitter: https://twitter.com/TheBlueMatt

0:00 - Intro

1:27 - The pool problem

14:42 - Miners haven’t switched

22:04 - Miner priorities

27:38 - Taking action

40:11 - Gradually, Then Suddenly

40:50 - Addressing bias

42:59 - Is switching difficult?

46:14 - Nuclear option if someone takes control

51:30 - Solutions

1:00:51 - Complacency

1:06:40 - Go test StratumV2

1:09:48 - Bitcoin success percentage and wrapping up

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