Topic: BTC.com Pool / FPPS Mode / Open-Source - page 4. (Read 24506 times)

Our FPPS settlement mode explained:



The Full Pay-per-Share (FPPS) approach, created by BTC.com team, aims to benefit miners from the high transaction fee. It will calculate a standard transaction fee within a certain period，add it into the block rewards (12.5 BTC every block for now) and then distribute the whole to miners according to PPS mode.
This method keeps advantages of PPS and pay more to miners by sharing the transaction fee.

BTC.com Discusses Their New Bitcoin Transaction Accelerator, Sharing Fees with Miners, and More

link underneath pic

https://cryptoinsider.com/wp-content/uploads/2017/03/speed-960x640.jpg

https://cryptoinsider.com/btc-com-discusses-new-bitcoin-transaction-accelerator-sharing-fees-miners/

Thanks for pointing that out, you can disregard the other thread. BTC.com staff will be updating this thread from now on!

You forgot you already created this thread
https://bitcointalksearch.org/topic/btccom-launches-new-open-source-mining-pool-with-zero-mining-fee-1615431

----> https://pool.btc.com

In order to further reduce the threshold of the Bitcoin mining industry and to promote decentralization, BTC Pool is committed to creating new technical standards for the mining pool industry and will strive to work with other pools to improve on performance, safety and service.

New FPPS(Full PPS) Mode

FPPS settlement mode, which distributes both the coinbase reward and the transaction fee to miners based on PPS, while traditional PPS does not allocate the transaction fee.

This new settlement mode increases miners revenue by as much as 9% at certain transaction fee levels when compared to traditional PPS.

Feedback from miners of BTC.com Pool: https://btcapp.api.btc.com/v1/h/news/4081?v=2

Open source code

BTC pool code is open source and anyone can access Github to view the back-end code. BTC pool has been through the simulated stress test, which can withstand 180,000 miners connected at the same time. Take the 4.73T Antminer S7 and 14T S9 for calculation, the equivalent of 180,000 S7 equals more than 50% of total network hash rate, and the equivalent of 180,000 S9 equals more than the current full-network hashrate. Now the simulator is available on GitHub.

Multi-node deployment

Given the global network interoperability problems and Chinese special circumstances, BTC pool server deployed in the world's major Bitcoin "producing areas". Miners can choose the nearest regional node to ensure the stability of network connectivity. User's sub-account is tied to a node, which reduces the complexity of BTC pool data and improve the efficiency and stability.

High-speed broadcast network

To reduce the orphaned block rate, BTC pool deployed nearly 20 FIBER node (high-speed broadcast network). With the help of FIBER, BTC pool can monitor other pools and reduce block delay. In order to reduce the overall industry orphaned block rate, the FIBRE Docker developed by BTC pool is available on GitHub.

Transparent agent

In addition to the simulator, the current release includes the transparent BTCAgent, a stratum agent for large-scale mining farm. BTCAgent optimizes the stratum protocol, greatly simplifies the data volume. It will greatly improve the communication efficiency between the farm and the pool, saving bandwidth, stabilizing connection and monitoring data. BTC.com team has been dedicated to mining industry for a long time, well aware that the large-scale network environment is poor, so put BTCAgent as a service standard. According to actual estimates, after deploying BTCAgent, running 10,000 miners only needs 1Mbps bandwidth which is only 10% of the consumption of direct traffic. The download only takes 1/2000 of direct traffic. Also, with the general mining agent, users can't monitor single miner data. But with BTCAgent, users can manage the grouping and moving for all miners.

Security

BTC pool considers that security is a top priority, so BTC pool separates the data reading and writing. BTC pool also implements Cloudfare, protecting users from Ddos and ensuring that benefits and hash power will not be lost.



----> https://pool.btc.com