Topic: "Bitcoin" Unlimited Officially #REKT - page 2. (Read 2957 times)

and now the burst your bubble moment

ASICS have been around alot longer than segwit has.

trying to assume that asics were hard programmed to actively attack segwit is like blaming a caveman for something invented much much later.

let me guess Jihan has a time machine and seen october 2016's segwit code and and went back in time to 2015 and started building the blueprints for the s9 specifically to hurt segwit

p.s im using gmaxwells announcement of him reverse engineering a chip... (before you propaganda twist it into being about software)
afterall your all complaining about bitmain (hardware company) not CGminer (software company)

kind of funny hardware and cgminer developed befor segwit:bitcoin was even released is suddenly.. 6 months into segwit deadline a "sudden threat"

yawn
gmaxwel has $70m debt to repay and is actually looking to for any reason to split the network.
afterall he did ask nicely early on
and has slowly got more and more desperate each week closer it gets to the deadline when he is suppose to offer something to appease his VC masters.


meanwhile other implementations plod along for the last 2 years + making no threats no deadlines and no timebomb or PoW nukes..

time to say blockstream are getting REKT.

all them real independant core devs. maybe its time to maintain core without blockstream reliance because blockstream wont be around forever

Whole patent thing around bitmain is like cancer in open society.
This is great exaple where leads centralization in mining of you allow such stuf you will definietly end with one single miner who don't give afuck to BITCOIN at all. BU miners just count on higher fees and advatage in mining nothing else matters they don't want fix bugs anything this is cancer that have to be cut uot of system to move forward.
I think that UASF with 80% nodes + 55% hashrate and we wil move BTC to segwit area.
Lets force that segwit and end whole drama, leter with internet progress we can build bigger blocks in tempo that wopuld not kill BTC nodes.

he doesnt fake blocks he kinda reuses hashes from current block on future blocks, and this isn't a problem, so he found a neat way of finding blocks slightly faster.. so what.

the problem is hes neat way of finding blocks depends some of the blockheaders bits somwhere to be changed and the block still be vlaid, but that in and of itself isn't the problem..

the problem segwit code inadvertently breaks he's neat thing-ama-bob.

Can you explain how faking blocks made him $100M? Break it down please

The most shocking thing about this is --> " $100 million USD per year could have been earned extra through this exploit. I think the other mining

pools can really feel pissed off with this "cheating" going on in the mining scene. The real loss is the people who exploited the whole standoff by

spamming the network and chasing new adopters away.  

i think your spider is going in circles around the web. its counting the same nodes over and over.

but hey, you used colour. so that it can gain attention and make the sheep smile

We don't have problem here.













Look, it's a star ... it's BU fail event.

Oh well, it's all a facade, the more this pantomime continues the weaker bitcoin seems.
Let's stop with these pathetic threads and carry on.

So the blocks that Bitmain creates are fake by the Bitcoin protocol standards? Wow.
Congratulations, you've reached a new low in lying.

oh just to point out something

Hopefully, the preventative change to remove the closed-source ASIC Boost advantage (currently in a work in progress) will reduce Bitmain's hashrate enough to push Segwit above a 51% signalling rate. No miner likes the orphaning risk that 51% signalling of any BIP represents, so BIP 9 (Segwit) might get enough of a boost from the Anti-ASIC Boost BIP that Bitmain will lose 20-30% of their hashrate, and Segwit signallers will fill the gap.

With Segwit at over 30% now, I would expect alot of the miners and pools who represent the holdouts to finally get on board (node support is now over 60%). And maybe even former BU miners/pools will switch, now that BU is officially dead in the water. That makes the prospects for 51% Segwit acceptance pretty good today, so even UASF might be unneeded, the miners might yet activate Segwit.

All that I've ever known about BU is through the forums here and all I got about it is that it's the evil thing whose owner is trying to take over the bitcoin world somehow.

Reading this makes so much sense for me now. So he was exploiting smth , and getting ppl on his side making them  believe that his project is better but in fact he's ripping everyone off.

Looks like an amazing Hollywood movies. 

Yep, I wish they'd fork off into ChinaCoin to leave our precious chain alone.

Before commenting one should at least be conversant with the topic.  Clearly you are not, and clearly you are fooled.

I would give you some links about what "boosts his ASIC" is, but if you search on "ASICBOOST" and "patent" you might learn something about it in general and then look at the difference between overt and covert usage.  

If you truly want bitcoin mining to be centralized, then please use fiat.

Jihan Wu's reputation is objectively over, but make no mistake! /r/btc braindead morons will defend Jihan, Roger and BU until the end. No amount of facts will make them change their minds. They are part of a brainwashed cult.

If BU decide to do hard fork, average users can do something by dump the coins in chain that they don't like (BTU) at exchange and say that he/she won't support BTU. So, BTU market cap will be destroyed if all users do this.
I think they could get away with this scam since it's not like government can arrest them, but their reputation could be destroyed.

So what can an average bitcoin user  do about this?

We already don't like retarded Jihan and his lapdog. We don't buy their products (or we can't), we don't want any fork to be happened, yet Wutang still owns the majority of the hashpower.

I mean we know that they malicious to the community, but are they going to get away with this scam?

Maybe they were really cheating, maybe they were jealous of bitcoin, so they did it against bitcoin. That is a very bad and evil thing. Perhaps this is the end of bitcoin unlimit, there is no longer anything to believe in it. BU is like an aggressor trying to take over fertile land, which has existed and developed for a long time, bitcoin is its name. A great effort, with careful planning and meticulousness, however, it can not succeed, they can not complete the mind, and the secret has been exposed. Great, let's celebrate those bitcoin lovers.

I love youre firework pic Icebreaker, i always knew someday this disgusting hostile take over will end like that.

This will provide the answers you seek: https://medium.com/@cincinnati/bitmains-chickens-have-come-home-to-asicroost-3af92495e02