web3: Bitcoin developer Luke Dashjr exits Ocean mining pool
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44m ago
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Luke Dashjr withdrew from the Ocean pool management team and sold its equity, subsequently launching a new mining project Convoy. Ocean indicates that the existing unmanaged pool operations will continue to run.
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Bitcoin veteran developer Luke Dashjr has resigned from his positions related to the Ocean mining pool. This change occurred after consultations with his parent company Mummolin, and it also signifies an important adjustment in the management of this mining pool, which has previously attracted attention for its transparent and non-trusted model.

Resigned from three positions

According to disclosures from Ocean, Dashjr has resigned from his positions as chairman, chief technology officer, and director. Mummolin also repurchased the equity he held. Both parties described this arrangement as a mutual agreement.

Public statements indicate that the disagreements mainly focus on the future direction of Bitcoin mining, as well as the differences in judgment brought about by recent changes at the protocol level. Dashjr was previously one of the co-founders of Ocean; therefore, this resignation is not only a management change but also involves an adjustment to the founding team.

Launch a new project after leaving the position

After leaving Ocean, Dashjr has begun to advance a new mining project named Convoy. No further business details have been disclosed at this time, but this move indicates that he will continue to be involved in the infrastructure construction related to Bitcoin mining.

Ocean indicates that the mining pool business will continue to operate, and the current model will not be interrupted as a result. The platform emphasizes that its mining pool will still maintain a transparent, non-managed structure and will continue to distribute mining rewards directly to participants.

  • Dashjr's resignation from positions includes that of Chairman, CTO, and Director
  • Mummolin has repurchased the equity it holds.
  • Dashjr Start a new project after leaving Convoy

BIP-110 The controversy continues to simmer

This departure comes just a few weeks after taking a temporary leave of Dashjr. Previously, his proposal of BIP-110 was not approved. This proposal sparked significant controversy within the community, with the core issue being the restriction on storing non-financial data on the Bitcoin network.

After the proposal was thwarted, discussions surrounding the boundaries of Bitcoin's uses, the evolution of its protocol, and the role of miners continued to intensify. This departure from Ocean is also being viewed within this context. At least from the statements of both parties, the disagreements are no longer limited to a single proposal but have extended to broader judgments regarding the mining approach and changes to the protocol.

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