Traditional Proof-of-Work (PoW) protocols were originally designed around solo mining, where rewards go to whichever individual achieves the winning result first. As a consequence, miners with more efficient hardware capture a disproportionate share of rewards, causing smaller participants to expend energy without meaningful returns. This dynamic pushes the ecosystem toward centralization and mining monopolies over the time.
While mining pools mitigate some of this imbalance, they remain tightly coupled to specific blockchains or protocols. FonkETH introduces a protocol-agnostic peer-to-peer (P2P) networking layer that allows miners of any scale to aggregate their compute, coordinate work, and share context-dependent opportunities (e.g., miners with different capabilities or insights can contribute uniquely to the process). This approach enables proportional reward distribution among participants based on their actual contribution.
Arvmor•15m ago
Traditional Proof-of-Work (PoW) protocols were originally designed around solo mining, where rewards go to whichever individual achieves the winning result first. As a consequence, miners with more efficient hardware capture a disproportionate share of rewards, causing smaller participants to expend energy without meaningful returns. This dynamic pushes the ecosystem toward centralization and mining monopolies over the time.
While mining pools mitigate some of this imbalance, they remain tightly coupled to specific blockchains or protocols. FonkETH introduces a protocol-agnostic peer-to-peer (P2P) networking layer that allows miners of any scale to aggregate their compute, coordinate work, and share context-dependent opportunities (e.g., miners with different capabilities or insights can contribute uniquely to the process). This approach enables proportional reward distribution among participants based on their actual contribution.