Bitcoin Forum

if Craig Wright successfully claimed he is the real satoshi and had moved coins from satoshi's wallet to another wallet.
Can he then claim patent of blockchain? If yes, can he bring down the rest of the cryptocurencies?

I think it cannot be patented. He won't take down anything anyway.

Things are already open source and welcoming world to get in. Cryptography is really great thing can be implemented in multiple way blockchain has its own role to bring cryptography in form of digital currency. Another thing to consider is it's a protocol "qt" can be access on any of device connected to internet.

It would be very difficult to take it down. More than millions of people are using it, so it would be practically impossible to do so.

World is already start to implement it for day to day use. So Blockchain if get patented then other altcoin will might be run on different explorer as there are already few open source explorers.

It is more of an altcoin discussion than Bitcoin.

And to answers some of your questions, look here  https://bitcointalk.org/index.php?topic=1520866.0 (https://bitcointalk.org/index.php?topic=1520866.0)
That thread is amazing mine of information for anyone who wants to know more about possible repercussion in case blockchain is patented. You will probably find you answers there.

But in market of all altcoin bitcoin has the highest value for exchange to fiat currency globally. Within all altcoins major altcoin are evaluated and exchanged as per btc value.

So this is thing which we are discussing has no meaning.

I hope Craig Wright doesn't have a back door to the blockchain . . .

as far as i know, it's opensource. So no problem with patent.
and even if it weren't... would be hard to bring down other coins.

This is an insane situation that you are talking about. Bitcoin is an open source project, there are 0 chances of such a thing happening. And not only this, but the fact that Craig Wright will never fully prove that he is Satoshi makes it even more difficult. Even if he owned the private keys, it just proves he owns them, it does not prove he is the actual coder behind Bitcoin. Those keys could have been stolen.

I think patent, law and such things are for governments. But Cryptography especially Bitcoin is Peer to peer network. That means its decentralized. No one control it. Even government too.

But government understand importance of blockchain and start to implement it.

The first thing is very important thing is currency can also be exchanged directly already impact all over world in last 8 years.

In future blockchain is in phase to check possibilities can be used for administration by government or Corporate.

Just won't happen, not patented and even if it could be it's kind of too late now to even think along those lines, I am sure it will not stop people trying but I wish them luck :)

It is not a happy here in the Bulgaria , no thing happen at Bazaar if our Bulgarian the President Rosen the Plevneliev say it not happen.

I doubt that your president has any more power to control internet that anyone here. Bitcoin is not standard payment system bitcoin=internet.
Unless Bulgarian authorities are willing to openly censor whole internet and set up "Great Bulgarian Firewall" you can sleep peacefully.

Also this whole mess with patenting blockchain is not gonna affect bitcoin much. It is highly doubtful that Wright will even manage to achieve this.

Good to know. I was reading some of the things he claimed lately and some comments says that he intends to actually patent the blockchain and for some reason if successful, he and the people behind him can control the use of blockchain.

I dont think so,that we may see anything like this.
Bitcoin is not some currency that is easy to manipulate,i dont think the altcoins are too,
im pretty sure if it would be possible to happen we would have people dumping all the altcoins.

That's a pretty good question, and my answer to that is it probably wouldn't do anything when it comes to the altcoins because they existed before the technology was patented. I'm not 100% sure when it comes to US patent law, but I would assume once something is created, and then replicated multiple times, you couldn't go back and patent it to force the competitors out, even if you were the original designer.

I think it is out of the cards to patent the blockchain now.

Bitcoin when realeased first was released as open source so there is no point of getting patent or not by any one or real satoshi. And next point is craig is not actually the real satoshi, many of us including me doesn't trust him. He have lied several times.

I would say that is a no, blockchains once launched dont really belong to anyone.  as long as some one is mining.

Sorry Craig, when you ( ::)) published bitcoin as an anonymous open source project you gave up your claim.

Software patents are granted in a very small number of countries, if for some reason, someone were able to patent the block chain he would be able to extort businesses that rely on this technology in such countries.

The United States and all of Europe grant software patents.  Japan too.  Which countries are you thinking of that don't issue patents for software?

There are no software patents in Europe.

Bitcoin was developed as open source since the start, it is fine to try to patent things never used before, but if you try patent anything Bitcoin already using you wont get the patent. As least this is how I understand the patent law. Thats why I dont think anybody should worry some patent might bring down legitimacy of Bitcoin or cryptocurrencies in general.

You can't permanently hold a patent on something that was invented by another person before you filed the patent. Since Wright isn't the original inventor of the blockchain (otherwise he would have shown proof) it doesn't matter what he claims. Since Bitcoin is widely distributed software, there is no doubt that it existed long before this imposter showed up.

Wright can only patent something that is his new, original idea. Most altcoins use very similar technology like Bitcoin, so even if he succeeds in pretending having a similar idea before their release, the impact will remain very limited.

I also think it will be quite difficult to enforce any patent claim, because in many cases it will be quite difficult to get hold of the developers behind a coin.

ya.ya.yo!  

Bitcoin consists of a combination of ideas previously used that was not Satoshi's invention from the start.... So I would say, NO ...He might be able to patent one or two concepts, but not the whole thing. He will

spend many years in courts fighting patent claims and most of it is public domain. If I was Craig, I would stop wasting time and money on these patents and just enjoy life as a free individual. He would be the

most hated person, if it turns out that his patents succeeded and he cannot prove that he is Satoshi. ^hmmmm^

Well i dont think it can be patented to begin with. it already being used on large scale so its like an open technology right now.

7 years after Bitcoin was born some random dude appears and wants to patent the blockchain technology? No way. I don't think if he can do it after so many time.

By one side, the concept is cryptography, and you can't patent mathematics or algorithms.

By other side, the software itself was not made by Satoshi and was open source since the beginning, so there is no way to revert it no

So what exactly is Craig Wright's objective upon claiming all these?

If he can't take patent and bring down altcoins and own bitcoin itself then maybe Craig and the men behind him aims to identify the real Satoshi by luring to respond to his claims, possible?

Even if craig did manage to get a patent would it even matter that much? what could he possibly do? As it is bitcoin is decentralised so it would mean everyone would have to agree to run his version of bitcoin which is what version? this version or the last version before the fork? If he patanted and it was going to be a problem and for some reason he did get control off this version which i see as highly unlikely then we would just fork away again. If someone is going to gain full control of bitcoin then its now centralised which the real satoshi would not want and it would definitely be grounds for a fork.

Even in if that scammer managed to convince governments that he was Bitcoin's creator-- he couldn't patent it.  An inventor's own publication or public practice eventually becomes prior art that blocks the inventors own patents. That time limit has long since run out.

I assume that Wright is attempting to defraud investors who understand the patent system no better than you did before this thread-- people who think that he can patent Bitcoin, and thus has highly valuable patents.

Yes they can patent bitcoins and possibly bring down other cryptocurrencies. But if will go a patent then It will surrender itself to government laws, regulations and policies. Thats the reason I think Nakamoto Satoshi made bitcoin without any patent to make it a full decentralized currency. Decentralized from the government and decentralized from banks. Patenting bitcoin i against the reason why bitcoin is made.

The main challenge will be proving who satoshi is. There will be many fraudsters who will come running to claim their piece of cake if they come to know that blockchain technology is up for patent.

So I don't see any apparent reason for blockchain patent. However, if someone can bring down some useless alt coins, I would support that person for sure. The altcoins are the main reason why bitcoin price is not moving up faster. The investments are getting distributed within the alt coins and bitcoin market cap is not increasing the way it was expected.

I dont think that blockchain can bring down the altcoins,,Because as far I know Bitcoin is still prevailing and even blockchain will become patented it doesn't mean that's the alcoins will goes down,that a very shallow reason. ;)

if Craig Wright could successfully prove that he is indeed satoshi then i would squirt chocolate milk out of my nipples.


bitcoin was released under the terms of the MIT license. and this licensee is so permissive in reusing, changing and generally doing anything you like with the code.
https://github.com/bitcoin/bitcoin#license
https://github.com/bitcoin/bitcoin/blob/master/COPYING


even if the above happened, the technology is out and anybody who had any coding experience can imitate it and create his own. so no you can't take them down.