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The original was posted on /r/monero by /u/sk420_ on 2024-10-04 04:53:15+00:00.

So there’s that thread posted here that yet again trynna shill the use of centralized pool, was happey to see that top voted comment there was instead recommending P2Pool, which reminded me of a post I came across which is a good reminder or why P2Pool actual matters

My believes (and I could be wrong) is that 2008 - 2011 satoshi was a shared acc between Hal Finney and Adam Back

Rest In Peace Hal… good dude, very sadly passed away on August 28, 2014, 4 months after monero’s launch (XMR genesis block at timestamp: 2014-04-18 10:49:53 UTC) and I think he would have been proud of what the project became after those years …

That, before his passing, he gave away the bitcoins he got under his real identity to his family and gave away the satoshi identity to Adam Back (that the voices in my head likes to refer as “Dark Satoshi”)

So my believes is that the 2015 mailing list message as satoshi came from Adam

Some more background…

Original satoshi was a big blocker wanting to compete with Visa/PayPal/MasterCard straight from bitcoin’s layer 1

While Adam Back was a small blocker wanting to create layer 2 solutions to bitcoin which he became a sellout and created blockstream in 2014 to hijack bitcoin’s development under his corporate interest rather than being a community project, he effectively ruined bitcoin from the inside

So him “declaring bitcoin a failed project” because of someone’s influence on a fork is peak irony as blockstream pretty much did even worse the following years

Couple other things wanted to point out from Dark Satoshi 2015 mailing list message:

(full message at: )

However I acknowledge that a lot has changed since that time, and new knowledge has been gained that contradicts some of my early opinions. For example I didn't anticipate pooled mining and its effects on the security of the network

P2Pool would have solved that which existed for bitcoin but unfortunately never got the adoption it deserved…

Past couple years ago an implementation of P2Pool was adapted to monero and grew quite nicely

I suspect we need a better incentive for users to run nodes instead of relying solely on altruism.

wownero is forcing “solo-mining only” directly from the protocol which is great since it’s back to the original design of bitcoin “everyone is a node” (would be way too controversial for today’s bitcoin tho)

while for monero, P2Pool helps on that end (which is less extreme than just straight up forcing solo-mining)

alongside with educating people on how to properly use cryptocoins through self-custody of their funds and running their own node

Which on that latter point is a lost cause to do with bitcoiners nowadays due to the switch over “moonlambo wallstreet massadoption number go up laser eyes to the moon non-tech savvy getting rich quick not gonna learn about bitcoin’s tech” widespread mentality

For context on how bad it got:

• bitcoin: 19k active nodes
• monero: 13k active nodes (was at 11k almost 2 years ago)
• ethereum: 5k active nodes (was at 11k almost 2 years ago)

(numbers may vary as they are per few weeks ago)