Stratum lets a pool distribute work templates to thousands of machines and collect their shares efficiently. Version 1, dating to 2012, remains the universal default — it's the stratum+tcp://pool:port line in every miner setup.
Stratum V2 modernises the protocol with encryption (preventing hashrate hijacking by ISPs or attackers) and optionally lets individual miners choose their own transaction sets — a meaningful decentralisation upgrade adopted by Braiins and a growing minority of pools.
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