P2Pool V2 is a new protocol operating on Bitcoin's testnet that decentralizes the verification of mining work and earnings accounting by shifting these tasks from centralized pool operators to individual nodes. This reduces the control pool operators have over transaction selection, share accounting, and payouts, aiming to empower miners with permissionless mining and direct payouts that keep Bitcoin in their custody. Planned features include tradable mining shares and atomic swaps via Lightning and Ark to help smaller miners receive payments more efficiently. The protocol also supports variable difficulty and reduces losses from orphaned shares, with ongoing development for share trading and mainnet deployment.
P2Pool V2 on Bitcoin testnet is the subject, with Pluang market data showing 16 out of 50 major cryptocurrencies rose while 33 fell. Notable movers include SXP (Solar) down 46.27% at Rp37, ZIL (Zilliqa) down 14.83% at Rp22 with a 31% sell and 69% buy split, and BAL (Balancer) up 11.14% at Rp16.297. This snapshot is as of Nov 16, 2026 00:21 WIB.
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