Could be all alt-coins in danger?

Bitcoin Forum

June 20, 2024, 09:06:16 AM

Welcome, Guest. Please login or register.

News: Latest Bitcoin Core release: 27.0 [Torrent]

Home

Help

Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Could be all alt-coins in danger?

Pages: [1]

« previous topic next topic »

Author

Topic: Could be all alt-coins in danger? (Read 501 times)

themte (OP)

Newbie

Offline

Activity: 3
Merit: 0

Could be all alt-coins in danger?

June 23, 2016, 10:59:29 AM

Craig Wright who claims to be Satoshi Nakamoto, wants to get patents related to cryptocurrency, blockchains etc.
This could affect probably all alt-coins

https://news.bitcoin.com/craig-wright-filing-patents/
http://www.coindesk.com/bitcoin-creator-craig-wright-patents/
http://www.reuters.com/article/us-bitcoin-wright-patents-idUSKCN0Z61GM

freshman777

Sr. Member

Offline

Activity: 406
Merit: 250

Re: Could be all alt-coins in danger?

June 23, 2016, 11:23:23 AM

Crypto doesn't care about patents among other things it doesn't care about.

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android

Mjbmonetarymetals

Legendary

Offline

Activity: 1096
Merit: 1067

Re: Could be all alt-coins in danger?

June 23, 2016, 11:40:42 AM

I would be more worried what Craig Wright does with all his Bitcoin when he gains access to them, I mean now that Bitcoiners have dropped a giant collective poop on him.

Bitrated user: Mick.

J1mb0

Hero Member

Offline

Activity: 983
Merit: 502

Re: Could be all alt-coins in danger?

June 23, 2016, 12:12:48 PM

Quote from: themte on June 23, 2016, 10:59:29 AM

Aided and abetted by Gavin Andresen.

Nakamoto would never have been so naive that he could think that he could use 'slight of hand' deception that Wright attempted on the community with such arrogance. He would understand that he might fool some witless journos but that the community would call him out.

. ^Gra^phe^ne^Air^dro^{p C}^omi^ng^Soo^{n by}^Ph^{ore .}

█████████████████████████████ ███████████████████████████████ ████████████████████████████████ ████████████████████████████████ ████████████████████████████████ ████████████████████████████████ █████████ ████████ █████████ ████████ █████████ ████████ █████████ ████████ █████████ ████████ █████████ ▅▆████████▌ █████████ ▅▅▆████████████▌ █████████▆█████████████████████ ████████████████████████████████ ██████████████████████████████▀ ██████████████████████▀▀▀ ████████████████▀▀▀ █████████▀▀ █████████ █████████

NUFCrichard

Legendary

Offline

Activity: 1218
Merit: 1003

Re: Could be all alt-coins in danger?

June 23, 2016, 01:22:21 PM

Patents can only be made on something that is not public knowledge.
If Satoshi had patented the idea before releasing Bitcoin, that would have worked (probably)

Years later it is stupid to talk about patents.

ArticMine

Legendary

Offline

Activity: 2282
Merit: 1050

Monero Core Team

⇾ Re: Could be all alt-coins in danger?

June 23, 2016, 04:52:06 PM

Quote from: NUFCrichard on June 23, 2016, 01:22:21 PM

Yes it is stupid, nevertheless corporations especially in the United States patent all sorts of ideas that should be should not have been granted a patent. This is because the US patent system is broken. The EFF has been dealing with this issue for years https://www.eff.org/patent-busting

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card

Pages: [1]

Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Could be all alt-coins in danger?

« previous topic next topic »

Jump to: