Post
Topic
Board Bitcoin Discussion
Re: Jihan Wu's patent: The resume
by
Xester
on 06/04/2017, 12:53:41 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

Is this the truth or it is just a conspiracy theory? This may sound and anti-thesis against Bitmain as a mastermind of disrupting blockstream to get more profit in bitcoin network. Well if this is true then supporting segwit would be for the better cause but if this is just purely a hypothesis made to destroy bitmain then it is unfair for them. But whatever the truth is we all hope the best for bitcoin.