What Is ‘P2Pool’ and How Does It Attempt to Decentralize Mining?
P2Pool is a decentralized mining pool that operates without a central server. It works as a peer-to-peer network, where miners mine on a sidechain and share work directly with each other.
This eliminates the risk of a single pool operator gaining 51 percent control, as the hash power remains cryptographically and operationally distributed among the individual miners.