Marathon Launches Slipstream Tech Stack to Process Non-Standard Bitcoin Transactions
Marathon Digital Holdings, the largest publicly traded Bitcoin miner by market capitalization, has launched Slipstream, a service that allows individuals to easily submit complex, non-standard transactions to the Bitcoin network. Released. Slipstream is the first public Bitcoin mining company to facilitate a direct transaction submission service, made possible by the fact that Marathon operates its own proprietary mining pool, Mara Pool.
According to a press release sent to Bitcoin Magazine, non-standard Bitcoin transactions are often excluded from Bitcoin nodes’ Mempool submissions despite complying with consensus parameters. These transactions, such as those involving ordinal numbers and inscriptions, were already possible, but Slipstream aims to expedite this process through a user-friendly, formalized process for direct submission.
Marathon CEO Fred Thiel: “While direct transaction submission services do exist, most are rudimentary. Slipstream provides sophisticated users with a simple, transparent, and reliable means of adding complex Bitcoin transactions to the blockchain as long as they comply with the Bitcoin protocol.”
Thiel also noted the importance of this venture in supporting innovation and experimentation with Bitcoin. “We believe Slipstream is mutually beneficial to the industry and our organization, and we look forward to building on this announcement and further supporting those building on Bitcoin. ”