Marathon Digital Holdings, the largest publicly traded Bitcoin mining company by market cap, has launched Slipstream, a service for individuals to easily submit complex, non-standard transactions to the Bitcoin network. Slipstream is the first example of a public Bitcoin mining company facilitating live transaction offering services, made possible by the fact that Marathon operates its own mining pool, Mara Pool.
According to a press release sent to Bitcoin Magazine, non-standard Bitcoin transactions are often excluded from submission to Bitcoin contract notes despite adhering to consensus standards. These transactions, such as those associated with ordinals and inscriptions, were already possible, but Slipstream aims to make this process easier with a formal, easy-to-use direct submission process.
Marathon CEO Fred Thiel: “Although live transaction delivery services exist, most are rudimentary. Slipstream provides sophisticated users with a simple, transparent and reliable way to add complex Bitcoin transactions to the blockchain, provided they adhere to the Bitcoin protocol.
Thiel also noted the importance of this project to support innovation and experimentation on Bitcoin: “We believe Slipstream is a win-win for the industry and our organization, and we look forward to building on this announcement to provide further assistance to those who rely on Bitcoin.”