Let's pose ourself and think about it.
Okay, those companies are seeking a patent, but that doesn't mean that they already have it. I doubt they ever will, given they can't prove they have made anything into Bitcoin Core. I'm not a specialist of how Bitcoin is made and about juridiction, so I won't spend more time about that. But that seem very hard for me that they'll get any kind of positive reply.
The second figure to consider is even if they manage to get one, what will that change for us ? Again, I'm not a specialist, so this is kind of raw speculation, but that might still give you an idea. Bitcoin is open-source and can't be stopped. It's also totally free. For me, all they can get is maybe some recognisation that History will teint of shame, so not a big danger for me.
Topic: Patent trolling in the Bitcoin world - page 2. (Read 1566 times)
If I understand this correctly they don't want to patent existent bitcoin tech but some sort of solution they invested to prevent stealing private keys.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
Maybe it is me who misunderstood patent trolling. As I understand it, an entity applies for a patent but does not have the intention to build what he or she has patented. So when someone else accidentally "invents" the same idea the entity who applied for the patent first has the right to file an intellectual property related case against the person who has actually built the invention.
I am not sure if that is a case of patent trolling but I think that is what some of these companies are doing.
i have never heard the term trolling for patents! but that is how patents work, you protect your intelectual property this way so no one else can use it without your permission.
but i don't understand how you can patent bitcoin because it has always been open source and AFAIK it has also always been under MIT license. maybe that is what the trolling is about!
If I understand this correctly they don't want to patent existent bitcoin tech but some sort of solution they invested to prevent stealing private keys.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
Maybe it is me who misunderstood patent trolling. As I understand it, an entity applies for a patent but does not have the intention to build what he or she has patented. So when someone else accidentally "invents" the same idea the entity who applied for the patent first has the right to file an intellectual property related case against the person who has actually built the invention.
I am not sure if that is a case of patent trolling but I think that is what some of these companies are doing.
They might not have the intention to build now, but they think these patents might be useful in the future. Even if these patents are not built upon, it might be useful in litigation. For example, if a big company sues you for patent violation, you can counter-sue if you hold a patent which they are using. Like in the Google vs Samsung case.
If I understand this correctly they don't want to patent existent bitcoin tech but some sort of solution they invested to prevent stealing private keys.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
Maybe it is me who misunderstood patent trolling. As I understand it, an entity applies for a patent but does not have the intention to build what he or she has patented. So when someone else accidentally "invents" the same idea the entity who applied for the patent first has the right to file an intellectual property related case against the person who has actually built the invention.
I am not sure if that is a case of patent trolling but I think that is what some of these companies are doing.
I don't get why you're saying it as a troll. We would probably encounter a lot of people trying to apply for a patent in the future when they invent or program a code that will be innovating to the blockchain technology. Having patents doesn't mean it will limit developers, it can be an opportunity for the developers to create a better thing.
On the article that you posted, it is said there that the CEO plans to patent it to keep it out of bad people. But I really don't think it's just that purpose, they also want to earn on it if somebody has some use to it.
On the article that you posted, it is said there that the CEO plans to patent it to keep it out of bad people. But I really don't think it's just that purpose, they also want to earn on it if somebody has some use to it.
If I understand this correctly they don't want to patent existent bitcoin tech but some sort of solution they invested to prevent stealing private keys.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
So it is not exactly patent trolling, correct? Patent trolling was attempt from Craig Wright when he wanted to patent blockchain as his invention.
But their reason is so embarrassing that at this point I don't believe in their good intentions anymore.
If this were to come from a company then it would be coinbase.
They are the largest wallet/exchanges you know.
But holding patents on a decentralized economy such as bitcoin is just wrong. I mean to an evil level.
They are the largest wallet/exchanges you know.
But holding patents on a decentralized economy such as bitcoin is just wrong. I mean to an evil level.
They really have bitcoin in their heart when they go at it in this manner, bloody leeches!
It will be interesting claiming any form of ownership when they can show no connections to satoshi, but these patent cases are usually something else.
Sad reading companies attempting to hijack bitcoin.
It will be interesting claiming any form of ownership when they can show no connections to satoshi, but these patent cases are usually something else.
Sad reading companies attempting to hijack bitcoin.
I recently read this article on Coinbase. Coinbase Seeks Patent for Bitcoin Private Key Security System
It mentioned that there are Bitcoin companies like Blockstream, Digital Asset Holdings, and old companies such as AT&T and Nasdaq that are applying for patents relating to Bitcoin technology. I have also read that 21 Inc. have also applied for patents. Are we seeing the future of Bitcoin with a lot of patent trolls? Do they have the intention to make the products and tools out of those patents? It almost looks like they are limiting the developers' need to create.
It mentioned that there are Bitcoin companies like Blockstream, Digital Asset Holdings, and old companies such as AT&T and Nasdaq that are applying for patents relating to Bitcoin technology. I have also read that 21 Inc. have also applied for patents. Are we seeing the future of Bitcoin with a lot of patent trolls? Do they have the intention to make the products and tools out of those patents? It almost looks like they are limiting the developers' need to create.
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