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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.

What Is a ‘Decentralized Exchange’ (DEX) in Cryptocurrency?
Can a Pool Operator Unilaterally Decide to Execute a 51 Percent Attack?
What Is the Main Security Risk Introduced by Using a Private Transaction Relay?
What Is a Decentralized Exchange (DEX)?