Open source BTC mining pool code, the spiritual inheritance of Microbit's blockchain

On January 3, 2009 , Satoshi Nakamoto mined the Bitcoin Genesis Blockchain and left a timestamp of that day, quoting the front page of The Times that day - " The Times 03/ Jan /2009 Chancellor on brink of second bailout for banks " .

It is like a beam of light that has been accumulated for a long time and continues to penetrate the iron walls that centralized financial institutions have painstakingly built over thousands of years. The light shines into the darkness of this forest like a blessing. At this point in the story, the history of the world's financial system began to change.

In the past 11 years, Bitcoin has successfully transformed from 0 to $1018.3 billion in market value. The emergence of new things will inevitably bring impacts to traditional things. Since its birth, it has been feared by the mainstream world and traditional financial institutions. In the past, major mainstream media have tirelessly spread the so-called Bitcoin threat theory to the public, such as " the existing financial system is threatened by various encrypted digital currencies including Bitcoin . " Various alarmist remarks and warnings from well-known authorities have greatly reduced the speed at which Bitcoin is accepted by the public.

Of course, the growing pains of any new thing are endless doubts:

Some people question the value of Bitcoin;

Some people question the design of Bitcoin;

Some question the influence of Bitcoin’s underlying technology;

But few people question the original intention of Bitcoin, that is, the essence of blockchain:

A free, decentralized, and orderly financial system. The ultimate pursuit of a large-scale social experiment, the spirit of decentralization is the core value of building this system.

The spirit of decentralization is the key to attracting thousands of blockchain people to the blockchain market represented by Bitcoin. It is also the basis for the consensus of blockchain people. It inspires each generation of blockchain people to pass on the values ​​of the spirit of decentralization with their own strength. In the blockchain world where code is law, the most " fascinating " way to practice the spirit of blockchain is undoubtedly to open source code.

Adhering to the " open source " tradition, the purest blockchain entrepreneur

Speaking of open source, there is a person who must be mentioned here - Yang Haipo, the founder of ViaBTC . In the blockchain industry full of financial interests and bizarre things, Yang Haipo is rated as the purest blockchain entrepreneur. In his opinion, it is precisely because of open source that the blockchain world can better help achieve decentralization, allowing new projects to be established on the basis of old projects, becoming stronger, faster, and more useful, which is the original intention. After 5 years of entrepreneurship, Yang Haipo is the only blockchain person who has always been " open source " to the end, and the only entrepreneur who has maintained the most pure blockchain entrepreneurship original intention.

In 2017 , Yang Haipo, the founder of ViaBTC , uploaded the trading engine code of the Microbit trading platform, the predecessor of his exchange CoinEx, to Github for open source . As of today, the open source code of Microbit's trading engine has more than 2,200 stars and 1,300 forks , providing great help to countless exchange entrepreneurs.

After the Co inEx Chain public chain mainnet was launched in 2019 , Yang Haipo successively open-sourced the codon and onvakv components of the public chain, and then open-sourced the Rust API for contract developers . Finally, he simply uploaded the DEX code to Github to make it open source to the outside world.

Yang Haipo hopes that by opening up the code, he can help the development of the blockchain world, lower the threshold for technology development, and allow more people to participate and enjoy it.

But Yang Haipo’s open source journey does not end here.

Open source BTC mining pool code, the spiritual inheritance of Microbit's blockchain

On March 31 , ViaBTC mining pool founded by Yang Haipo officially announced that it would publish the BTC mining pool code to Github : https://github.com/viabtc/viabtc_mining_server , realizing open source code. Yang Haipo said that this open source behavior is a high-performance, distributed mining pool server implementation. The ViaBTC mining pool has made a lot of optimizations in the discovery and broadcasting of blocks, effectively reducing the orphan block rate. It is understood that this open source includes mining services, mining protocol implementation, nmc , sys , emc , ela , rsk and vcash joint mining module support, as well as codes that can significantly speed up block broadcasting and reduce the rate of orphan blocks or bad blocks.

The community was not surprised by the move of ViaBTC mining pool. Everyone knows that this is the masterpiece of " open source expert " Yang Haipo. Since the establishment of ViaBTC mining pool, the spirit of decentralization has been engraved in the genes of this company.

The ViaBTC Group was established in 2016 , and the ViaBTC mining pool is one of the few established mining pools in the blockchain industry. With years of technological accumulation and exploration of practicality in the blockchain field, the ViaBTC Group has covered the entire industry chain including mining pools, exchanges, and public chains, and has successfully opened up the complete chain from mining services to digital assets, providing real value connections for blockchain investors.

In 2020 , ViaBTC Mining Pool upgraded its new products and services to further improve the product experience and increase the benefits of mining pool users. In combination with its subsidiary exchange CoinEx , it created a product system of "mining pool is wallet , wallet is transaction". That is, each ViaBTC mining pool account has a built-in wallet , which carries the functions of storage, recharge, free withdrawal, transaction acceleration, etc. of mining income ; at the same time, it is embedded with exchange functions , and users can realize currency exchange in the mining pool wallet ; they can also transfer the mined coins to CoinEx exchange for free , purchase financial products for value-added and value preservation, etc. At the same time, it also provides a variety of options such as web and app clients , so that users can check the mining status anytime and anywhere , and perform exchange or hedging.

Whether in terms of business form or product function improvement, ViaBTC Pool is a model of a mature mining pool. While ensuring the solid infrastructure, the ViaBTC Pool team believes that " the tree has grown to a stage where future generations can enjoy the shade " , so they decided to open source the BTC mining pool, which is also the mental journey experienced by the team during the entire open source process.

The ViaBTC mining pool team believes that the blockchain community is based on mutual trust based on the consensus mechanism, and only openness and transparency can maintain the consensus of all participants. We hope to pass on the spirit of blockchain through open source, attract more outstanding technical developers and teams to participate in the mining world, and jointly create valuable products that benefit users.

As ViaBTC founder Yang Haipo said, the most important thing about open source is not the code, but the ideas behind the code. We are all moving forward.