"Proof-of-work is essentially one-CPU-one-vote."
Satoshi nakamoto
Satoshi nakamoto
First of all. Satoshi is smart enough to have come up with bitcoin. But let's not forget that Satoshi is, well, human. Just like us! Stop looking at him/her/them as someone who is all-knowing and someone that doesn't make mistakes.
I'm not entirely convinced satoshi did get it wrong. I think people are just taking those words too literally. Note the use of the word "essentially". To me, that implies satoshi was merely outlining a general concept, not issuing some sort of decree that it had to mean each user could only use a single CPU. To the best of my knowledge, there has never been anything in the code that attempts to restrict usage in that way.
True, it's likely satoshi didn't envision Pools, GPU mining or ASICs happening quite as rapidly as they did. Mining did become an arms race rather suddenly. But I'm sure those words were never intended to be some sort of mantra to explicitly follow.
At the beginning its still this way it was understood by lot of users, that mining is equal to voting, and its what made bitcoin attractive to large public, not that it become a sort of mining oligarchy who extract all the profits.
What satoshi wanted and in which measure he anticipated how it turned is never very clear , but few years ago when it started to soar its mostly like this it was presented even if maybe satoshi already anticipated that mining would become a specialised industry.
https://bitcointalk.org/index.php?topic=1319681.msg13494495#msg13494495 thread resurection
