Yes

FPPS is heroin for miners. Once they are on, they never get off. 

That said, FPPS naturally dies over time.  As the coinbase reward goes to zero, transaction fee volatility (as a percentage) increases and makes the "F" part of "FPPS" vary significantly day to day and week to week. 

Pools that want to keep "PPS" will have to switch to "PPS+" which eventually just evolves to PPLNS.  

So... bitocin fixes this?

hashbender

Since you mention it, do you think that FPPS inevitably leads to miner centralization?

Between AntPool and Friends and Foundry, it seems like mining is pretty centralized and a lot of the talking heads seemed to be saying that this is because of FPPS. I'm sure it's not that simple, but I'd love to get your read on payout schemes and how they can support decentralization rather than break it.

I'm Nick Hansen, CEO of Luxor - AMA!

Since you mention it, do you think that FPPS inevitably leads to miner centralization?

Between AntPool and Friends and Foundry, it seems like mining is pretty centralized and a lot of the talking heads seemed to be saying that this is because of FPPS. I'm sure it's not that simple, but I'd love to get your read on payout schemes and how they can support decentralization rather than break it.