Decentralized PoW Mining Pool Protocol. Miners build their own blocks, earn extra rewards, and get paid by smart contracts. #Ergo
Joined July 2022
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Lithos Protocol decentralizes block production, returns extra revenue to miners, and ensures all payouts stay non-custodial.
Our goal is an unstoppable network.
lithosprotocol.org
Large scale AI pool management + tighter rules and going to make an interesting future for miners.
Lithos is the practical alternative. No single entity to coerce.
A decentralized pool, your blocks, your proofs, contract enforced rewards.
Live on Ergo. Start with a node.
@grok estimate and then compare the probability that major proof of work mining pools versus block producers in major Proof of Stake networks start enforcing geo requirements or jurisdiction specific regulations on the blocks they produce.
A network’s security and censorship resistance depend on people who actually verify, propagate, and especially in PoW produce blocks.
When the majority of users and capital do none of that, the system’s practical properties drift toward whatever the remaining infrastructure providers and large operators decide.
We have both the tools and the p2p userbase to implement pretty much any eUTXO protocol imaginable.
A real p2p network is the base to build on.
Run the client.
We are working on token/token LithosDex pool contracts.
We will be implementing them + Machina Finance + token/token ErgoDex pool batching for 1.0.7
Turning up Defi powers for miners each release.
github.com/Lithos-Protocol/L…
Lithos Mainnet 1.0.6 is out.
This is a critical update which improves block finding chances by 7 - 10%, and storage rent profitability by 20 - 40%. Please update as soon as possible for better rewards, along with some other small fixes.
The dark forest is the crypto idea that the public mempool is a hostile place. once you reveal a valuable transaction, bots can see it and extract value from it before it confirms.
Lithos changes this.
By letting miners build their own blocks locally, it changes the power structure so the entity providing the security (the miner) has privileged, direct control over settlement and can keep more of the surplus.
The competitive “bots vs. everyone” environment on blockchains doesn’t go away with Lithos.
Bots can still watch transactions and try to profit from them.
What changes is who ends up capturing most of that profit.
It’s a deliberate design choice.
Put more of the profits in the hands of the people actually securing the chain, at the cost of some of the specialized efficiency that pure bot markets have developed.
Diff futures are live.
Usage is small, though that's not the important part .
Lithos is very powerful and honestly we have both the tools and the userbase to implement pretty much any eUTXO protocol imaginable.
Anything self-contained, so the vast majority of protocols and contracts, can be implemented really quickly and easily.