DMND, a brand new mining pool constructed round Stratum V2 that started accepting candidates for a personal launch earlier this yr, is now open for all miners to create accounts. Miners can register right here to start onboarding.
The total public launch of DMND comes after a profitable SOC 2 Sort 2 audit, demonstrating compliance with safety insurance policies essential for large-scale miners.
“With our SOC 2 Sort 2 compliance and streamlined enterprise verification practices, the DMND Group is designed for operators who worth safety, transparency and professional-grade requirements,” stated DMND Co-Founder and CEO Alejandro De La Torre. “Mixed with constructing miner-controlled blocks, we’re permitting miners to regain important management over the community.”
Stratum V2 help marks an necessary step on the trail in the direction of larger decentralization of various functionalities within the mining business, i.e. the development of block templates, the method of choosing transactions to incorporate within the block being mined.
Stratum V2 gives a mechanism to defend Bitcoin’s censorship resistance, permitting particular person miners to supply their very own block templates whereas mining with help swimming pools (in addition to supplying templates). any third-party supplier that they select and that operates Stratum V2). Moreover, Stratum V2’s end-to-end encryption protects miners from hashrate hijacking assaults that may silently siphon off a miner’s revenue.
The general public launch of DMND gives miners with one other step ahead for Stratum V2 on the community and to maneuver in the direction of bettering the extent of decentralization of the mining ecosystem.
This put up DMND Pool Now Open to All Miners, with SOC 2 Compliance and Stratum V2 Assist appeared first on Bitcoin Journal and is written by Shinobi.
