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CD90: Spiral Initiatives with Steve Lee

Citadel Dispatch

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Bitcoin Mining and the Importance of Decentralization

This chapter discusses the concept of decentralization in cryptocurrency mining pools and the progress made in terms of deployment, efficiency, and security. It highlights the benefits and challenges of stratum V2, a protocol proposal for miners and mining pools, and emphasizes the importance of supporting projects beyond Bitcoin core. The chapter also explores the involvement of non-developers in open-source projects and the creation of a new community, the Bitcoin product community, to foster collaboration.

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