February 23, 2024 (Globalinvestorideas.com Newswire) Bitcoin/Crypto Stock News Bites – Marathon Digital Holdings, Inc. (NASDAQ:MARA) , a leader in supporting and securing the Bitcoin ecosystem, has launched Slipstream, a direct Bitcoin transaction submission service designed to streamline confirmations of large or non-standard Bitcoin transactions.
By default, Bitcoin nodes frequently exclude large and non-standard transactions from Bitcoin’s mempool, even if these transactions adhere to the Bitcoin network’s consensus rules. As a result, complex Bitcoin transactions are often delayed or unprocessed. To encourage experimentation and development on Bitcoin and to enable and expedite the processing of large or complex transactions that comply with Bitcoin’s protocol, Marathon has launched Slipstream.
Slipstream is a direct transaction submission service on Bitcoin that is powered by Marathon and made possible by the Company’s proprietary mining pool, MARA Pool. Slipstream is designed to streamline confirmations of large or non-standard Bitcoin transactions. With Slipstream, users can directly submit their transactions to Marathon. Provided these transactions adhere to the Bitcoin protocol and the fees associated with them are sufficient, Marathon will add these transactions to its mempool and process them accordingly.
Marathon is the first Bitcoin mining company to offer a direct transaction submission service. Because it is the only publicly traded Bitcoin mining company that operates its own mining pool, Marathon is also the only known publicly traded Bitcoin miner currently capable of offering such services.
“Slipstream is a prime example of Marathon leveraging its proprietary technology stack to create a product or service that we believe can help Bitcoin innovators push the industry forward,” said Fred Thiel, Marathon’s chairman and CEO. “While direct transaction submission services exist, most are rudimentary. Slipstream provides sophisticated users with a simple, transparent, and trusted means of adding complex Bitcoin transactions to the blockchain, provided they adhere to Bitcoin’s protocol. Marathon is uniquely capable of offering these services because of our scale, our mining pool, and our team’s technological expertise. We believe Slipstream is mutually beneficial for the industry and for our organization, and we look forward to building on this announcement to further assist those who are building on Bitcoin.”
To visit the Slipstream transaction terminal or to learn more, visit slipstream.mara.com.
Read the company’s full news and disclaimer here:
Research more bitcoin stocks with Investorideas.com stock directory
https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp
About Investorideas.com – Big Investing Ideas
Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech , sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Follow us on Twitter @investorideas and @stocknewsbites
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Sign up for free stock news alerts at Investorideas.com
https://www.investorideas.com/Resources/Newsletter.asp
Contact Investorideas.com
800 665 0411