After fixing some dumb wiring issues, I managed to flash the board successfully ? at least that's how it looks like:
Serial port COM7
Chip is ESP8266EX
Crystal is 26MHz
Configuring flash size...
Auto-detected Flash size: 1MB
Compressed 260464 bytes to 190653...
Writing at 0x00000000... (8 %)
Writing at 0x00004000... (16 %)
Writing at 0x00008000... (25 %)
Writing at 0x0000c000... (33 %)
Writing at 0x00010000... (41 %)
Writing at 0x00014000... (50 %)
Writing at 0x00018000... (58 %)
Writing at 0x0001c000... (66 %)
Writing at 0x00020000... (75 %)
Writing at 0x00024000... (83 %)
Writing at 0x00028000... (91 %)
Writing at 0x0002c000... (100 %)
Wrote 260464 bytes (190653 compressed) at 0x00000000 in 20.3 seconds (effective 102.7 kbit/s)...
Hash of data verified.
Hard resetting via RTS pin...
For the board setting everything is set to default. I tried uploading the blink program for esp8266 board, but no matter how much I wait, the esp8266 led doesn't blink. I also tried changing the value of "Builtin Led", still nothing.
For the wiring I have, refer to the youtube link above. Am I missing something stupid ? Please help.