https://blog.xtrabytes.global/security/xtrabytes-moves-forward-with-patent-process/
Recording Date: February 12th, 2018
Recording Length: 00:09:51
Details of Transcript: CCRevolution & Borzalom Discuss Patent Status
Audio: mp3 Link
https://blog.xtrabytes.global/wp-content/uploads/2018/02/XBY_BorzCCRConvo_v1.mp3
I listened to the audio and i'm very confused. I though anyone practicing patent law usually comes from a technical background in a field i.e. Technology, Science and is either required to be subject matter expert, or employ SME. The notion that they're trying to sell this as an idea so hard to grasp that it may take many additional months to get a patent filed seems weird. Patent lawyers deal with complex ideas all the time in many different sectors, and I'm pretty sure this isn't the most complex thing that's come across the table. If the ideas are well laid out, it shouldn't take a computer science major any more than a few afternoons to grasp these concepts. Heck alot of people on this forum are non-technical and can understand projects from reading whitepapers.
It feels like they are always releasing just teasing enough information to keep the casual investor satisfied, but never the finer details to give the project more credibility.
In my opinion there shouldn't be a patent for the tech, decentralization and patents contradict each other. I know the tech will be available for the XBY community but what defines an XBY community member? I am with open sourcing the tech to be honest, every other new tech in crypto is opened source off course there's going to be clones alot of shit clones but some clones that might improve upon the tech. The original coin that created and developed the tech will be king. We can see that with alot of coins (Dash, LTC, ZCASH, ETH...etc) but yet non of their clones have even been able to reach their level and never will.
One has to ask what happens if the patent filing gets rejected? Will the tech then be opened source?
I know there's a bounty for finding vulnerabilities in the tech but has there been a security audit of the code and vulnerability testing? If so by whom?
The project will be open sourced after patent is "pending", apparently