OCEAN, the Bitcoin mining pool supported by Jack Dorsey and led by Bitcoin Core developer Luke Dashjr, has introduced its latest update, termed the "Path to Decentralisation."
This update provides miners with the option to choose block template policies, facilitating decentralisation and reintroducing miners to the task of selecting block contents without the need to create templates on their own.
Three Templates, More to Come
The update allows miners to choose from three block template policies: OCEAN Recommended, which emphasizes real financial transactions and minimizes spam; Bitcoin Core with the "Ordisrespector" spam filter; and Unmodified Bitcoin Core, featuring the most spam.
OCEAN aims to accelerate decentralisation by giving miners control over the blocks they mine.
The plan for the upcoming year includes introducing methods for miners to undertake more complex tasks while still benefiting from the economic advantages and low variance associated with pooled mining.
Small Pool, Large Rewards
Currently, OCEAN has 336 participants in its pool and has mined almost 350,000 bitcoins, discovering over 11,000 blocks since its inception at the end of November.