The post Actions Speak Louder Than Words appeared on BitcoinEthereumNews.com.

Let’s look at two things that Bitcoin Knots users claim to be proponents of and champions for in their crusade against Bitcoin Core:  Mining decentralization Bitcoin’s use as money They claim to fight for mining decentralization, with OCEAN mining pool held out as a primary example of this. OCEAN’s DATUM protocol is ostensibly designed to further mining decentralization, specifically the actual template construction process that decides what transactions go into a block.  They also claim to fight for Bitcoin’s use as a monetary network, i.e. a network that facilitates the transmission of bitcoin in economics transactions, ensuring security for those transactions.  These are both incredibly important goals. Bitcoin’s mining network remaining decentralized is absolutely critical in order to maintain its censorship resistance. A clear majority of miners must exist and operate in a state free from the possibility of coercion from the state (or any other party) to engage in censorship. Without existing in this state, a simple majority of miners coerced in such a fashion would be capable of perpetually preventing any transaction from confirming in the blockchain, completely undermining Bitcoin’s core value proposition.  Scaling Bitcoin’s use as money is also incredibly important. The only mechanisms to transact with bitcoin in a censorship resistant fashion are ones that are truly anchored to the blockchain itself in a manner where the end user can on their own enforce ownership of their current balance of bitcoin.  Both of these things are absolutely necessary for Bitcoin to meaningfully contribute to any positive change in the world.  So let’s look at what they claim to stand for versus what they are actually doing.  Actions Versus Words So firstly, developers have been working on a protocol called Stratum v2, a replacement for the current Stratum v1 protocol miners use to interact with mining pools.…

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Filed under: News - @ September 25, 2025 12:26 am