Archive | Jihan Wu

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4

The following opinion piece on Bitcoin Cash was written by Jonald Fyookball We’ve already discussed 3 reasons why the bitcoin project was subverted: lack of education, lack of clarity, and centralized development. Today I will proffer two more: censorship and propaganda were allowed to run rampant; miners didn’t understand their power and responsibility. Last Friday, Coingeek.com held a […]

BCH Miners Discuss Funding Development With a Fraction of Block Rewards

On May 19 a group of Bitcoin Cash (BCH) miners met after the Coingeek Conference in Hong Kong to discuss a new proposal which would fund BCH development and professional programmers who work on the protocol. The funding would stem from a portion of the miners block reward, and attendees discussed donating between 1-5 percent […]

From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility

Back in the spring of 2017, the discussion of a technology called ‘ASIC Boost’ was a very hot debate amongst bitcoin proponents. Bitcoin core (BTC) supporters were extremely upset with the firm Bitmain Technologies and its owner Jihan Wu for allegedly using ASIC Boost covertly, even though the company denied it. Now according to reports […]

The Curious Case of ‘Cobra Bitcoin’: The Peculiar Anon with a Lot of Power

The controversial owner of the web portal Bitcoin.org and Bitcointalk, an anon named ‘Cobra Bitcoin’, has been a popular subject within the cryptocurrency community lately. It’s strange that a person who nobody really knows has so much control within the BTC community, and lately his messages have been very cryptic, even making some believe his […]

Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht Denied Post-Conviction Relief Extension Bitcoin.org Owner ‘Cobra’ Says Bitcoin Mining Is Controlled By One Man and His […]

Social Network Yours.org Raises $1.5m to Introduce Cryptocurrency to the Masses

Crypto-focused social network Yours.org, which enables contributors to earn bitcoin cash for creating content, is poised to ramp up its operations after securing $1.5 million. The Series A funding, courtesy of mining specialists Bitmain and Nchain, will aid the site’s operators in their mission to educate the masses about cryptocurrency and use it in their […]

Jihan Wu

Master of the ASICBoost, conjurer of Antbleed… Perhaps no character in the pantheon of industry leaders has been the subject of more conspiracy theories than Mr. Wu, a passionate bitcoin believer who’s been reviled for his views. The young co-founder…

Bitcoin Gold Wallet That Stole Private Keys Scooped $3.3 Million

Last week it emerged that a fake BTG wallet which had been promoted on the bitcoin gold website was fraudulent. The team’s developers removed “mybtgwallet” once the scam came to light, but not before scores of innocent users had been duped. The total amount of cryptocurrency lost to the fraud has now been totted up […]