The Most Important Project in Bitcoin (You probably haven't heard of) from Bitcoin Audible

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Guy Swann

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The Most Important Project in Bitcoin (You probably haven't heard of)

15 minutes Posted Jul 16, 2026 at 5:04 pm.

) The most important project

) Hashers vs miners

) Pools choose transactions

) The few pools who can censor

) Nodes and block templates

) Holding your own keys

) Datum and Stratum V2

) The single giant pool risk

) Spam, Slipstream, BIP110

) Ocean, DMND, and what's next

The most important project

Hashers vs miners

Pools choose transactions

The few pools who can censor

Nodes and block templates

Holding your own keys

Datum and Stratum V2

The single giant pool risk

Spam, Slipstream, BIP110

Ocean, DMND, and what's next

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What is the most important project in Bitcoin? It isn't BIP 110 or some shiny new payment protocol. We actually have a massive security vulnerability sitting at the base layer: Bitcoin mining isn't really mining anymore.

Right now, we have millions of hashers but barely a handful of real miners deciding what transactions make it into a block. And that means a few centralized pool operators could easily censor the network.

In this Take, I explain why the critical distinction between a hasher and a miner matters. But more importantly, I outline how newer protocols are finally fixing a decade-long mistake.

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References from the episode

Bitcoin StackExchange #1: https://tinyurl.com/279wnyjg

D-CentralTech: https://tinyurl.com/284e3gdh