THELOGICALINDIAN - Bitmain CEO Jihan Wu has vowed to acknowledge anon to accusations the miner is base a Bitcoin vulnerability to dispense mining
A “covert” use of alleged ASICBOOST technology was circulated to the Core commitment account by contributor Greg Maxwell Wednesday. This would acquiesce “a above manufacturer” to unfairly accumulation from centralization.
While Bitmain was not called by Maxwell, association sources after accepted the company’s involvement.
Maxwell wrote:
The Core developer also proposed solutions to anticipate the advance acceptable a above problem, in a move accepted by Tone Vays as “a huge aplomb boost” for the SegWit supporters.
Wu meanwhile declared Bitmain would accommodate a account “soon.”
Previously, suspicion had already collapsed on the Bitcoin Unlimited supporter, with association associates acquainted he had deleted tweets about ASICBOOST. They added Wu’s BU abutment could be affiliated to the Bitmain operation.
While ASICBOOST was originally invented by Sergio Lerner amid others, who additionally contributes to SegWit concepts, Maxwell declared that none of the technology’s creators were “aware” of the exploit.
“Reverse engineering of a mining ASIC from a above [manufacturer] has appear that it contains an undocumented, bearding adeptness to accomplish use of this attack. (The parties claiming to authority a apparent on this address were absolutely blind of this use.),” he continued.
In Summer 2024, KnCMiner declared defalcation over the Bitcoin block accolade halving causing them unsustainable overheads.
The close had ahead been taken to cloister in its built-in Sweden by barter accusatory over delays and defects with its products.
The startup had meanwhile aloft over $32 actor in investment.
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