Dorky wrote:Dear Wu Jihan,
Aren't you the one behind Bitcoin Unlimited? Are you still active in this forum? I have a suggestion to improve Bitcoin Unlimited further if you are interested, then please reply.
wujihan wrote:ManeBjorn wrote:How important do you see keeping mining decentralized in the Bitcoin industry?
What is the biggest issue you see with the blocksize debate and do you think that the new "Capacity Increases" https://github.com/bitcoin-dot-org/bitcoin.org/pull/1165 concensus on GitHub with most of the Bitcoin Devs for a soft fork instead of a hard for is a good solution?
Could you give any details on the next gen chip from Bitmain?
Thank you for doing the AMA.
Of course it is very important to keeping mining decentralised in bitcoin system. The decentralised hash power make it possible to secure safety of the Blockchain. Centralised hash power means the blockchain is controlled by small number of people.
As we know the bitcoin” s price/ value has increased rapidly in recent years, which makes it is very expensive to make any mistakes. At the same time, we are lack of real world experiment data to support the continuing development of Bitcoin. But sidechain and alterchain provide us a very good opportunity to experiment and observe the impact of those changes.
We will release our next gen chip with 16nm process, and the power consumption will be 0.1J/GH or less.
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