An accusatory finger has been pointed at the decentralised Bitcoin mining venture OCEAN, linked to former Twitter CEO Jack Dorsey.
An unnamed developer, identified only as Leonidas, has publicly accused OCEAN of engaging in the censorship of transactions related to Bitcoin Ordinals.
Leonidas, chose the X (formerly known as Twitter) as the platform to air grievances against OCEAN, raising concerns over the purported interference with Ordinals transactions.
OCEAN, which aspires to revolutionise Bitcoin mining with a commitment to transparency and fairness, now finds its principles challenged by allegations of transaction censorship.
No Comment
Despite these allegations, neither OCEAN nor Jack Dorsey has issued an official response.
Leonidas' post has also been met with some level of cynicism:
Recent Funding
Mummolin, the parent company steering the ship for decentralised Bitcoin mining pool OCEAN, previously concluded a $6.2 million seed funding round.
Led by Jack Dorsey, this financial injection, featuring names like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and Bitcoin Opportunity Fund, is earmarked to bolster the OCEAN project.
The Future of Bitcoin Mining Conference served as the backdrop for Mummolin's funding announcement.
Held at a repurposed hydroelectric dam in rural South Carolina — a relic of 150 years — the conference spotlighted Bitcoin mining powered by excess energy.
OCEAN says that its mission is to empower miners with greater autonomy and decision-making control in intricate mining processes.
The project prides itself on being non-custodial, transparent, and permissionless, aiming to redefine the dynamics of mining operations for the better.