Jihan Wu: Aiming to Become the King of Bitcoin

The Dark Prince aiming for the Throne
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Jihan Wu, the essence of a true man. Along with his accomplices labeled under the name of "Bitcoin Unlimited", Jihan launches a plan aimed at world dominance with himself at the top. The man whom founded Bitmain which maintains Antpool. Antpool holding the largest hashrate distribution among Bitcoin mining pools, Antpool mines 16.4% of all blocks. Making Jihan Wu an important figure in the cryptoverse. However, Jihan is not yet satisfied with his already dominant status in the BTC verse. As a wise man once said, "16.4% of all blocks is pussyweight, I want the whole cake". This is a quote that Jihan lives by as he aims to overtake the future universal payment system of our world. He is aiming to create a Bitcoin dynasty with himself at the top as the dictator. However, how will the supreme gentleman accomplish this?

This is where Bitcoin Unlimited (BU) comes in, playing a vital role in the coup of Bitcoin. In short, BU aimes to increase the storage size of blocks in order to create larger blocks. The statement proposed to the community as to why this is beneficial is that "it would provide smoother running by decongesting the blocks". To the majority of the community that know very little about blockchain (myself included) this sounds fine. However, the larger blocks make it harder for miners with limited resources to mine blocks. Meaning that the big fish like Antpool increase the amount of blocks they mine by eliminating small competitors. Forming the beginning of Oligopoly with Antpool at the top. This is how Jihan plans to initiate his coup.

Everyone loves Lord of the Rings so I will create an analogy to LOTR to showcase this. The small fish aka 4chan/biz lurkers twitter lurkers everyone with a small sum of BTC, we are known as the free folk. The twitter gods that many of us religiously follow in the attempts to increase our net worths are known as the elves, Immortal due to their large influential following and hefty sum of BTC under their control. They side with the free folk as the free folk have helped them and vice versa. Then we have Bitcoin Unlimited as the Orcs, the pawns of our main antagonist. Finally, at the top we have none other than our antagonist Jihan Wu in the role of Sauron.