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Agreed, it's a bit wacky and def dangerous. Ark in mind is a great way to accumulate small semi frequent payments without the incoming liquidity problem of lightning. For small miners the UX problem is that ofc they would prefer on chain but thats just not technically possible all the time. The pool does not want to just accumulate that liability in their own wallet/database and would rather have it be considered settled and move on.
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Yes exactly. Max flexibility for pool and miner. Either on chain or on ark, depending on the circumstances.
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Pools want to settle their liabilities as quickly as possible, preferably on chain but thats not feasible often (dust limit, high fees, limited coinbase outputs, etc.). So it would be great to have ark as the fallback option. Once in the ark the user can then decide themselves if they want to keep accumulating inside the ark, pay it out over lightning or withdraw on chain. The decision if paying to p2tr vs to ark is dictated by aforementioned restrictions. In general it would be cool to just share your normal btc address with someone and then they can derive the ark address and just pay you there. You can then claim your vtxo whenever (ofc accepting the tradeoffs).
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Miners authorize and submit shares with a btc address attached. They expect their payout to that address or something authorized/derived thru it. You can allow them to specify a lightning address (or bolt12) by signing a bip322 with that address but that requires interactivity. If an ark address (and corresponding spending key) could be derived thru the btc address it would not require interactivity and they could just be paid out on ark (with on chain fallback). It would greatly simplify adding ark as a payout option for pools. Most btc addresses are hashes of public keys but for taproot the key is encoded in the address so is it possible to get the corresponding ark address such that the user would only have to load their wallet into smth ark compatible to then claim and spend their payout?
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Ok good to know the private paths work but the killer feature would be having a mapping between public addresses. That would make adoption really easy. When payouts generated miner just loads their existing wallet into ark compatible thing and can claim their payout
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Given just a bitcoin address can the pool generate the ark addresses for the vtxos?
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this is the second prime number parasite block
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The first block is always the hardest
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Replying to @TomasGreif
legend 🫡
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Running para
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Replying to @boerst @btchashpool
I think his mining.set_difficulty is returning a floating point for the difficulty. Luxor Firmware might not support that.
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what's the worst that can happen? They catch fire?
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Thanks, I've dug into them a bit and first impression is p2poolv2 probably closest to becoming realistic. But according to the docs you need at least 200 TH/s to find a share. This does not make sense for bitaxes with around 1 TH/s. github.com/pool2win/p2pool-v…
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