Let us make it not long.
It is about the mining pool to be called Ocean that Jack Dorsey has raised funding for to.
After a mining pool mine a block, the mining pool have the reward before paying miners that join their pool. But with Ocean, the sharing of reward is going to be decentralized in a way not the pool that will first have the coins, but the reward will be shared in a decentralized way.
https://cointelegraph.com/news/jack-dorsey-raise-decentralizeBut is this necessary? I am thinking it is a good idea, but what about you people. Is it a good ideas?
Not sure if it's making any sense to me! The mining pool always gets a percentage of the reward. Is the new mining pool not going to take it? I don't think so.
If the mining pool is not going to keep any percentage of the reward, that will be something new. But if that is not changing, I am not sure what Jack Dorsey is aiming to do with it.