Post
Topic
Board Development & Technical Discussion
Re: Incorporating the p2pool concept into Bitcoin
by
Peter Todd
on 06/01/2014, 10:04:21 UTC
will never be strictly competitive even if it were cost-free to run because p2pool will always have a higher orphan rate vs. well-run centralized pools
Except that, in practice, it has a lower empirical orphan rate. The design currently has a communications advantage.

Which is why I said "well-run" and went on to talk about how the design advantage that p2pool currently has by forwarding txids rather than transactions won't last forever.