Post
Topic
Board Bitcoin Discussion
Jihan Wu's patent: The resume
by
pereira4
on 06/04/2017, 12:34:25 UTC
So, Blockstream is holding back bitcoin scaling so they can profit from their centralized product?

• Nope, that was Bitmain

So, SegWit is just overly complex code to sneak in discounts for Blockstream's "products"?

• Nope... that was Bitmain realizing SegWit negated their already profitable discount and ruined their product.

So Blockstream wants the bitcoin market to be centralized through a few central companies and hubs?

• Nope, that was Bitmain that wanted to maintain centralization of mining hardware and hashing power through their company and hubs.

So, Blockstream is centralized development and wants everyone to run the code that makes their company valuable?

• Nope, it is Bitmain that supports any competing client, regardless of the effect on Bitcoin, in order to maintain the code that is specifically profitable for them and them alone.

r Lite coin guy