P2Poolv2: Market Design for a Trustless Hash Rate Commodity
Pool operators are Bitcoin's last trusted middleman. They control what goes in the block and controls payouts. P2Poolv2 is a decentralized mining pool that removes them entirely. This talk covers the economics of hash rate as a commodity, how trustless hash rate markets compare to existing platforms like Nicehash and Rigly, and what market structures become possible when the operator is gone.
