As such, they will never actually signal for SegWit until they have no other choice (e.g., UASF succeeds).It seems contradictory to an extent that Jihan Wu, one of the main pioneers of the Bitcoin.While it is true bitcoin should not just rely on investors and speculators, it should not be dominated by the opinions of just the miners either.He should at least write someting like an open letter to the community to state his vision for Bitcoin, it could earn him some respect.
The funds already donated will be spent on some sort of advertising, as intended.Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.While his own writing can be cringeworthy, the medium articles he posted should be indicative of his opinions on scaling.
Something might be invented in the intervening time that also finds a better way to solve the problem of the security and scaleability trade-off.It is evident Bitcoin Unlimited supported are trying to plug the holes of their sinking ship.
A new allegation from a high-profile bitcoin developer has once again stoked the fire of its scaling debate.Moreover, the economic majority Wu refers to also include those who invested in bitcoin and the ones who may invest at a future date.Jihan Wu is a founder with the mining company Bitmain in addition to an influential force in the cryptocurrency space.That is quite an odd statement, considering bitcoin would not be where it is today without service providers and users.On this page you can China Moves Towards Tougher Bitcoin Regulation, But Not to Outright Ban: Jihan Wu voucher in one minute and anonymously - Get 10% OFF For Reorder.In his tweet, Chinese Bitcoin mining hardware firm Bitmain co-founder Jihan Wu, however,.
Submissions that are mostly about some other cryptocurrency belong elsewhere.That statement is not entirely surprising, considering how Wu supports Bitcoin Unlimited.At The Future of Bitcoin conference in Arnhem, Netherlands, Bitsonline got the chance to speak with Bitmain founder and director Jihan Wu.This is an article on 8btc, the site founded by Jihan Wu before Bitmain. This is the only way Bitcoin can achieve its ultimate goals.NYA was in relation to Bitcoin, and Jihan is saying Bitcoin Cash is not Bitcoin.The bitcoin community is abuzz with news that Bitmain bitcoin miners allow for remote code execution which can shut-down 70% of the hashrate.Maybe you should be associating with banksters instead of bitcoiners.
China Moves Towards Tougher Bitcoin Regulation, But Not to
If you are new to Bitcoin, check out We Use Coins and Bitcoin.org. You can also explore the Bitcoin Wiki.Their a class A company and have been largely responsible for many advances in mining technology.
Bitcoin : Jihan Wu: Chinese Government Won’t AggressivelyHe spoke on many topics at the Future of Bitcoin conference...You are misreading basic English, either out of stupidity or malicious intent.It is quite easy too see through his manoeuvre, but some people (maybe you, if you are not a troll paid by Jihan or Roger) still succumb to his dumb propaganda.Home News Altcoin News Bitcoin News Dogecoin News Litecoin News Charts BTCUSD Chart LTCUSD Chart Converter Bitcoin Index Brokers Education Bitcoin Glossary What Is Bitcoin.
In recent interviews, Bitcoin Core contributor Eric Lombrozo.Antpool Will Not Run SegWit Without Bitcoin Block Size Increase Hard Fork. During his conversation with Bitcoin Magazine, Wu.You can also use Bitcoin Core as a very secure Bitcoin wallet.Enter your email address below to receive daily news about bitcoin and updates on the Inside Bitcoins conference series.He will switch to segwit exactly 10 minutes after the first bip148 segwit block is mined or otherwise would lose a small fortune mining worthless JihanWuCoins that are nowhere accepted.I understand some absolute basics about it, but nothing about all these hot button words like SegWit and BIP148 yet.Instead, they might support BU as an altcoin, effectively reducing its chance of success.For those that are reading this and are confused: the UASF happens on August 1.One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia,.
Improves the situation and is virtually accepted by everyone as good.There will never be a blocksize that can support what is needed at the time.
jihan wu | Bitcoin News and UpdatesNo one values Bitcoin Unlimited at the same level as bitcoin, and very few companies are willing to even support it.
Why not implement it first and then think about a HF for a block size increase.His success has come at the expense of the open source software people have worked hard to develop.I finally read all the BIPs about Segwit, The more I read, The more reason to refuse it.If there is one thing the bitcoin scaling debate has made abundantly clear, it is how Bitcoin Unlimited fails to gain economic support.So I think the chance of a long-run fork are negligible, and even if it happens, your coins are safe on both chains.