SmartPool
Curated by SignalDecentralized mining protocol enhancing security and reducing centralization risks.
Overview
SmartPool is a decentralized mining protocol that seeks to mitigate centralization and transaction censorship issues commonly found in traditional mining pools. The platform employs smart contracts to enhance security for miners, offering protection against malicious activities and DDoS attacks. It is designed to support thousands of miners while keeping fees low and reducing payment variance. SmartPool targets individual miners and small mining operations, presenting an alternative to centralized pool operators. Its open-source and non-profit framework emphasizes its focus on decentralization, aiming to provide a fair and secure mining environment for participants.
Key facts
- Founded
- 2016
- Headquarters
- Singapore, Singapore
- Stage
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- Industry
- Financial Technology
- Sector
- Crypto
Business model
- 3 products and services
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- Commercial model
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Contact
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