We are all Satoshi

Float Protocol
Float Protocol
Published in
3 min readMar 16, 2021

Many people ask why we decided to be the Abbey Road Hackers and adopt the Paul M/John L/George H/Ringo S aliases. We wanted to take some time to explain this and our thinking behind it.

“We are all Satoshi”

Since the early years of Bitcoin, the aphorism “we are all Satoshi” has been said and shared. Behind this statement is the idea that because Satoshi is (or is widely believed to be) anonymous, the project matters more than the individual. Further, for Bitcoin to succeed, the community had to drive the project. Fortunately it has, in the broadest sense, succeeded in this effort. Being ‘Satoshi’ does not mean being an actual person. Instead, ‘being Satoshi’ stands to represent the core values of Bitcoin: decentralisation, community, trustlessness, incentivisation. If we epitomise these values, we too, in a meaningfulness sense, are Satoshi.

This idea of ‘being Satoshi’ has a grounding in game-theory. A crypto network is not a zero-sum game. If I as an individual further the network in some way and increase its utility, efficiency or value then this should, all things being equal, result in more people joining and benefitting. If there is well-designed token-economics, this increased popularity should result in a more valuable network and, therefore, more valuable tokens in my wallet. In the end the BANK you take is equal to the BANK you make.

One of the most beautiful things about crypto is the energy of decentralised community to support a network for both the benefit of others and oneself in the same action. It is this spirit that motivates everything we do at Float Protocol.

“We are all Paul, John, George and Ringo”

We are incredibly proud to be building Float, resolutely committed to the cause and extremely grateful for the breadth and depth of community support thus far.

We chose to be anonymous from day one. Our reasoning is motivated by Satoshi. We want Float Protocol to be bigger than any individual or ego. As such, we adopted four aliases: Paul, John, George and Ringo and a team name of Abbey Road Hackers (for those who don’t get the reference, Abbey Road Studios was where the Beatles recorded a lot of their great songs, the name of their 11th album and the backdrop for one of the most iconic images in rock history). The reason we chose to be Abbey Road themed is purely because of our love for the band and their music. We love the fact that the insular developer can be a rockstar too in their own way.

We imagine a world where the roles of Paul, John, George and Ringo can be passed onto future key individuals in the Protocol as things develop. Do not worry, the four current occupiers of the roles are committed for the long-haul. However, as the projects grows, more talented people will come in and we would be foolhardy to think we will always be the best leaders of the project. There will be new Pauls, Johns, Georges and Ringos. The best bit is the world we never notice a change in character, allowing seamless transitions as the Protocol evolves.

We want everyone to feel like they are a rockstar helping Float Protocol. Each supporter is crucial to our relative success so far. Please do not think we will rest on our laurels. We want to build a formidable ecosystem around Float. We will need your help but we have big plans and can’t wait for the next stages of this Yellow Submarine adventure.

Socials

Website https://www.floatprotocol.com/ (also available via: https://ipfs.io/ipns/floatprotocol.eth/#/pools)

Docs — https://docs-float.gitbook.io/docs/

Twitter — https://twitter.com/FloatProtocol

Telegram — https://t.me/officialfloatprotocol

Medium — https://medium.com/@floatprotocol

Github — https://github.com/FloatProtocol/

Discord — https://discord.gg/nVCZacJJqM

Scattershot (fork of Snapshot) — https://scattershot.page/#/snapshot.floatprotocol.eth

Forum — https://forum.floatprotocol.com

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