of Twitter founder Jack Dorsey, Bitcoin A project that aims to revolutionize the mining industry on a global scale. to OCEAN invested millions of dollars.
Twitter Founder Jack Dorsey Invested in OCEAN
OCEAN is the first non-custodial pool that allows network participants to regain their independence by receiving new block rewards directly from Bitcoin itself.
The project emphasizes a critical paradigm shift for Bitcoin to be truly decentralized and states that the role of mining pools must change. BitcoinCore developer Luke Dashjr is his invention.
The fund aims to support the launch of OCEAN, the first step in a series of mining decentralization initiatives for Bitcoin.
Jack Dorsey sees the project as a solution to the growing threat of centralization in BTC mining pools.
He underlines that OCEAN addresses a common concern within the crypto community, highlighting its positive impact on both the broader Bitcoin ecosystem and his personal initiatives.
Earlier in October, Dorsey introduced another of his Bitcoin-related innovations, specifically its storage capabilities, a cold wallet called BitKey.
This idea was designed to solve a widely known problem by eliminating any middleman when users deal with their crypto assets.
*This is not investment advice.
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