I have an ESP8266-01. I followed the instructions on this
http://yaab-arduino.blogspot.com/2015/12/flashing-esp8266-firmware-arduino.html?m=1
exactly. When I start the firmware update the TX and RX pins blink rapidly along with the blue light on the ESP.
Then the terminal spits out "chip sync error" and disconnects.
I would like this to work because buying a ftdi cable isn't an option right now.