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Topic: Who Wants Jihan Wu's Head on a Platter? - page 2. (Read 3416 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
April 13, 2017, 02:05:14 PM
#47


"Legally" he's allowed to use it?  

Yes. He owns the patent in China.

Deloitte legal case involving a Chinese patent:

Quote
Clients in Japan have informed me that machine translations of their national patent applications have been filed in China on the day of the Japanese publication. Any general assessment of the validity of national Chinese patent filings are pretty much meaningless. Chinese patents are not worth the paper they're printed on.

This is Bitcoin partner. Youse gonna havta do better than dat.

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
April 13, 2017, 01:41:48 PM
#46


"Legally" he's allowed to use it?   

Yes. He owns the patent in China.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
April 13, 2017, 01:25:40 PM
#45


There is proof that He is still using AsicBoost. Jihan Wu, in my and many others' opinions, is a dirt ball.

Legally, he is allowed to use AsicBoost.  

Why do you feel he is a dirt ball?

"Legally" he's allowed to use it? ROTFL

Yes, according to the Bitcoin accords signed in Marseille and ratified in Geneva he can use it. LOL

There's no rules for Bitcoin. It's every douche for himself, slickest scammer wins.
hero member
Activity: 572
Merit: 506
April 13, 2017, 01:16:47 PM
#44
Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough.
do not even pretend that everyone (46m utxo) will move funds to segwit to achieve a constant utility they promise.
There's no need for everybody to move their funds to new style outputs all at once, it can happen gradually. New outputs tend to be spent more frequently than old ones.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
April 13, 2017, 01:12:33 PM
#43

Current situation is a state of emergency, Bitcoin looses market share. As it was said, all anti-segwit news = dump, like today Wang Chun's twit for instance. I think right now we should unite around the strongest development team: core. And when segwit is activated, we will have some time to discuss, ponder available blocksize solutions. And if they will be against any further blocksize change, we could question them, argue, debate, dethrone them, whatever. But we all would be calmer than we are now, because Bitcoin would be out of immediate danger.

I'm on the same page with you about the state of emergency.

Your line of thinking makes some sense... I think Core has abused their power so much that
the miners don't trust them anymore.  

The biggest issue with your plan here is we can't undo segwit and there's
issues with it: big complexity, makes on chain scaling harder, the
anyone-can-spend outputs, etc.  

Another issue is that we have been questioning them, arguing,
debating, and its been an uphill battle.  We would lose momentum
by capitulating to their wishes.  I understand giving in would buy us some time,
but its a sticky situation.





legendary
Activity: 4410
Merit: 4766
April 13, 2017, 01:07:55 PM
#42
Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough.

segwit only increases for those moving funds over to segwit.
do not even pretend that everyone (46m utxo) will move funds to segwit to achieve a constant utility they promise.

their promise is empty, and a one time 'possible' gesture feature. you cant resegwit a segwit and you cant guarantee it will be long term. and you cant guarantee how much of a gesture it will be.

infact to get people over to segwit is in itself going to cause more issues because people end up needing to move funds across so it will be months of mempool bloat caused by people trying to move funds across to new keypairs

its not a utopian network wide thing that happens right at activation day where everyone instantly has room to move funds around easier
hero member
Activity: 572
Merit: 506
April 13, 2017, 12:35:20 PM
#41
Speak to support bigger blocks and your website is DDoS'ed.
Proof?
 

we know coinbase got de-listed from bitcoin.org for big block support.
Delisting is not DDOSing. And I personally don't like Coinbase since long ago. They are apparently one of those companies around here who don't understand benefits of blockchain, who only concerned about snatching their piece of immediate profit without caring about long term consequences.

People really do want bigger blocks. 
Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough.
Isn't enough for what?
It's enough to scale Bitcoin short term. It's enough may be for 1 year. It's not enough for long-term scaling.
Yes, we do need yet bigger blocks. But it's better to develop a universal solution which would solve blocksize problem once and for all. It's better to hardfork once than several times.

Current situation is a state of emergency, Bitcoin looses market share. As it was said, all anti-segwit news = dump, like today Wang Chun's twit for instance. I think right now we should unite around the strongest development team: core. And when segwit is activated, we will have some time to discuss, ponder available blocksize solutions. And if they will be against any further blocksize change, we could question them, argue, debate, dethrone them, whatever. But we all would be calmer than we are now, because Bitcoin would be out of immediate danger.
hero member
Activity: 572
Merit: 506
April 13, 2017, 12:02:01 PM
#40
Speak to support bigger blocks and your website is DDoS'ed.
Proof?

He said few hours ago Segwit will be a disaster, here comes the blow.
https://twitter.com/f2pool_wangchun/status/852480476744896516
Strangely, their website works well. I don't know where to see reliable info on their hashrate, but according to https://www.blocktrail.com/BTC their current blockrate is only slightly below their average for a wider time window.
full member
Activity: 302
Merit: 100
April 13, 2017, 10:28:12 AM
#39

There is proof out there that Jihan Wu is using AsicBoost, or a technology similar to it, which he patented. There is also plenty of proof, that the way Jihan Wu is using it, covertly, is damaging to the network.

I am not your do boy. You guys can search for the proof, but believe me, it's there.
sr. member
Activity: 378
Merit: 250
April 13, 2017, 10:04:19 AM
#38
Speak to support bigger blocks and your website is DDoS'ed.
Proof?

He said few hours ago Segwit will be a disaster, here comes the blow.
https://twitter.com/f2pool_wangchun/status/852480476744896516
full member
Activity: 302
Merit: 100
April 13, 2017, 09:35:19 AM
#37
OP, why did you create a BU shill paradise thread for Franky and jonald  Roll Eyes

Jihan Wu did what most other people would have done, if they found a loophole to exploit the system... "they used their advantage to make more

money" .... When we were kids we found a way to play Arcade games for free and we made full use of that exploit.... BUT the Arcade owner did

not make profits and they were forced to close down the place. The same thing will happen, when these greedy people get hold of exploits in

Bitcoin. {They will exploit it and in the end people will leave and they will have no "Arcade" to exploit}  Angry
[/quote

You actually made my point for me, hence, the reason for this thread. JIHAN WU, THROUGH HIS GREED, CAN POTENTIALLY TAKE DOWN BITCOIN. He will long have sold his coins, and have left everyone holding the bag.

People need to wake up and boycott Jihan Wu, and his fraud services (i.e. cloud mining).

Lets unite and bring an end to Jihan Wu now. Let's pull out of his pool, and his cloud mining operations.
sr. member
Activity: 490
Merit: 251
Make winning bets on sports with Sportsbet.io!
April 13, 2017, 09:26:16 AM
#36
I'll have to be giving you a +1 on this with with unconditional support from me. I think the biggest issue isn't that he used AsicBoost in order to gain an unfair advantage against other miners as this is something that any business owner would do in order to further the amount of revenue and then profit at the end of the day.

I think the completely horrid part about all of this is that he isn't showing his support for Segwit on the simple stance that he cares more about his bottom lines and his profits then he'd be caring about Bitcoin as a whole. As we know in order to survive and thrive, we're going to need Segwit to help us.

Jihan, support Segwit or you're head is going to be delivered on a silver platter! Smiley
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
April 13, 2017, 09:24:32 AM
#35
Speak to support bigger blocks and your website is DDoS'ed.
Proof?
 

we know coinbase got de-listed from bitcoin.org for big block support.
Business are being bullied so the miners should not believe the UASF tactics.
People really do want bigger blocks. 
newbie
Activity: 42
Merit: 0
April 13, 2017, 09:22:07 AM
#34
It appears Jihan Wu has soldiers trying to control PR damage.

when time itself proves he did not make asics purely to attack segwit
when maths shows he is not even 20% luckier
when logic shows the same

all that is left is that segwit is not the utopian codebase made by immortal gods, but humans who thought they could slide in a tier network via a backdoor to avoid community consensus, and last month a flaw in that has been found.

the only direction the fingers should be pointing is back at the devs to re-try something a little different the community will accept

think logically. practically and rationally.


Nonesense!!

He has a patten in China for his chips that work exactly like AsicBoost, and he is using it covertly.

Again, where is the proof?
hero member
Activity: 994
Merit: 544
April 13, 2017, 09:21:48 AM
#33


I know I do. It looks like it is now confirmed that he has been covertly using AsicBoost and not passing on the profits to the miners. If Segwit goes through, it could bankrupt him, and render his mining equipment useless. He has a similar plan for LiteCoin since he controls a high percentage of the mining for LTC.

What do you guys think of Jihan Wu?

Before making any harsh moves it is better to get his statement first and do some investigations confirming that he is really using the asicboost and not giving the shares of the miners. And if we was found guilty then let us not cut his head so that he can die but let us place him in the jail so he can suffer in agony and despair for cheating the miners and the bitcoin community.
full member
Activity: 302
Merit: 100
April 13, 2017, 09:17:39 AM
#32
It appears Jihan Wu has soldiers trying to control PR damage.

when time itself proves he did not make asics purely to attack segwit
when maths shows he is not even 20% luckier
when logic shows the same

all that is left is that segwit is not the utopian codebase made by immortal gods, but humans who thought they could slide in a tier network via a backdoor to avoid community consensus, and last month a flaw in that has been found.

the only direction the fingers should be pointing is back at the devs to re-try something a little different the community will accept

think logically. practically and rationally.


Nonesense!!

He has a patent  in China for his chips that work exactly like AsicBoost, and he is using it covertly.
legendary
Activity: 1302
Merit: 1002
April 13, 2017, 07:38:59 AM
#31
***
What counts then? Price of coins after a split?

WHat will price we know already Cheesy...
Every Segwit news = Pump every BU news = DUMP...
No one want China rulled coin yo see that in EHT rise and people moving into ETH more than BTC.
hero member
Activity: 572
Merit: 506
April 13, 2017, 07:35:14 AM
#30
Speak to support bigger blocks and your website is DDoS'ed.
Proof?
So no, that poll doesn't count for a valid representation of opinions or a measure of economic majority.
What counts then? Price of coins after a split?
sr. member
Activity: 378
Merit: 250
April 13, 2017, 07:28:53 AM
#29
UASF will get 80% support Core will sybil 80% of nodes

FIFY.
Node proportion isn't something we consider very important. Support from economic majority - is what really matters.
https://coin.dance/poli

Speak to support bigger blocks and your website is DDoS'ed. Businesses can't afford downtime and to speak the truth publicly. The truth is businesses don't care if it's one Bitcoin, two Bitcoins. They earn on trading fees (exchanges) and on selling goods converting crypto to fiat (merchants). So no, that poll doesn't count for a valid representation of opinions or a measure of economic majority.
legendary
Activity: 1302
Merit: 1002
April 13, 2017, 07:26:10 AM
#28

He should star t hating ETH miners becouse they earn equal that what BTC miners get now . HAHAHA Free market always works !
Old dies new wins.
When BTC miners will get 1/3 money that ETH get they will make some greed based changes for sure. Give them time.
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