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Bitcoin Ossification, Upgrades, and Decentralization in the Ocean Mining Pool
The chapter explores the need for Bitcoin to continuously improve through upgrades like soft forks or hard forks to prevent displacement by other cryptocurrencies and ensure scalability for global adoption. It delves into the potential civil war within the Bitcoin community, concerns about future attacks, and discussions on incentivizing positive behavior within the protocol amidst challenges like government regulations and mining incentives. The focus shifts to the design and roadmap of the Ocean project within the Bitcoin ecosystem, aiming to decentralize mining processes and create a marketplace for miners to sell proofs of work, emphasizing decentralization and decentralization in the mining sector.