Jihan Wu Talks about ASICBOOST
2,300 views4/7/2017
Interview with Jihan Wu to discuss the allegations of using ASICBoost
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▸Show captions (47)
| 00:00 - 00:05 | We saw the patent for ASICBoost |
| 00:05 - 00:07 | This is good stuff, make us lots of money |
| 00:07 - 00:10 | So we ripped off the patent for ASICBoost |
| 00:11 - 00:16 | So we could gain an 20% advantage on mining |
| 00:17 - 00:21 | And we got the patent approved in China! |
| 00:21 - 00:24 | It's True! |
| 00:29 - 00:31 | It's True |
| 00:31 - 00:34 | We took the exact patent that Hanke and Lerner filed and put our names on it! |
| 00:38 - 00:40 | It's True! |
| 00:41 - 00:47 | In our country, patent law means jack shit, we just put our name on it and no one can stop us! |
| 00:47 - 00:50 | Then we sell the miners with it disabled. |
| 00:50 - 00:56 | No one can compete and we have guaranteed profits! |
| 00:58 - 00:59 | No one could find out! |
| 00:59 - 01:01 | We used the covert mode of it! |
| 01:04 - 01:06 | We just deny it if suspected! |
| 01:06 - 01:08 | Nothing can stop us! |
| 01:13 - 01:14 | It's True! |
| 01:14 - 01:16 | Just drive out all the competition |
| 01:16 - 01:20 | All the other miners try to mine and just lose money |
| 01:21 - 01:27 | KnC Miner, Spoondoolies, all gone. |
| 01:35 - 01:36 | BitFury and Avalon |
| 01:36 - 01:39 | They are the only ones left, for now. |
| 01:41 - 01:44 | We just tell people |
| 01:44 - 01:47 | We do not use ASICBoost, we do what is best for Bitcoin |
| 01:47 - 01:49 | We smear Greg Maxwell |
| 01:50 - 01:53 | And they actually believe us! |
| 01:54 - 01:56 | They cover it up |
| 01:56 - 01:58 | I cannot believe it! |
| 01:58 - 02:02 | They think we protect Bitcoin! |
| 02:05 - 02:07 | We make so much money! |
| 02:10 - 02:11 | They bought it! |
| 02:11 - 02:13 | Hook line and sinker! |
| 02:15 - 02:17 | They are posting on /r/btc about it |
| 02:17 - 02:20 | They still think Blockstream is making this up |
| 02:21 - 02:28 | I cannot believe how gullible these Americans are |
| 02:29 - 02:30 | And still defend you? |
| 02:30 - 02:32 | And still defend us! |
| 02:36 - 02:39 | They are still posting on /r/btc about how evil Blockstream is |
| 02:40 - 02:42 | They are going to keep blocking SegWit! |
| 02:50 - 02:55 | They just let us keep using it! |
| 02:56 - 02:58 | Are you worried about the UASF? |
| 02:58 - 03:04 | If they try to UASF us, I just stir up the trolls again |
| 03:04 - 03:09 | Let Roger Ver post on it |
| 03:09 - 03:11 | And they'll stop |
| 03:16 - 03:20 | It's still going to work |
| 03:23 - 03:26 | Did you see our press release? |
| 03:31 - 03:36 | They actually believe it! |