[ANN] Ethereum: Welcome to the Beginning

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Quote from: Pastaga on April 21, 2022, 03:36:07 PM

Quote

ERC721 - A plague upon it when thieves cannot be true one to another!

Craig S Wright Chief Scientist at nChain and inventor of Bitcoin and over 1000 other things
21 apr. 2022

ERC-721
The Ethereum token standard for NFT’s ERC-721 was first filed as a concept by the ethereum team in September 2017. This date is interesting because, like many other so-called new inventions in this industry, it is within 4 to 6 weeks of several nChain patents being published. GB2561465B was granted only a few months ago, but it was first filed in February 2016. The invention was made public in August 2017 when the filing was initially published.

ERC 721 was started then created 6 weeks after the nChain patents became publicly known.We filed in Feb 2016. We use the 18 month secrecy period. Then, these papers become publicly known and available.6 weeks later, ETH has a system that uses my invention.

The invention encompasses much more than merely the pitiful use in making board apes. It was also filed in conjunction with EP3295362B1 (also granted), EP3295349B1, EP3295350B1 (granted) and multiple other patent ideas.

These patents cover concepts that are incorporated in the claim such as the following:

1. A computer system for verifying integrity of a computer software for installation using a distributed hash table and a peer-to-peer distributed ledger, the system comprising a processing device associated with a node on a peer-to-peer network of nodes, configured to:

determine a metadata (M) associated with a transaction record stored on the peer-to-peer distributed ledger;

determine an indication of the location of an entry on the distributed hash table from the metadata (M);

determine a third hash value (H3) based on the computer software;

determine a fourth hash value (H4) from the entry on the distributed hash table;

compare the third hash value (H3) and the fourth hash value (H4); and

verify the integrity of the computer software based on the compare of the third hash value (H3) and the fourth hash value (H4).

And

1. A computer-implemented method of verifying integrity of a computer software for installation using a distributed hash table and a peer-to-peer distributed ledger, the method comprising:

determining a metadata (M) associated with a transaction record stored on the peer-to-peer distributed ledger;

determining an indication of an entry stored on the distributed hash table from the metadata (M);

determining a third hash value (H3) based on the computer software;

determining a fourth hash value (H4) from the entry on the distributed hash table;

comparing the third hash value (H3) and the fourth hash value (H4); and

verifying the integrity of the computer software based on the comparing of the third hash value (H3) and the fourth hash value (H4).

And

“The present disclosure relates to security, control and verification methods for ensuring and maintaining the integrity of a digital asset. The invention is particularly suited for verifying the ownership and/or integrity of an item of computer software. This may comprise using a distributed hash table and a peer-to-peer distributed ledger (blockchain)”.

The range of the invention and the scope of the patents far exceeds anything people do in the NFT world. It includes digital bonds, financial instruments, IoT control systems, authentication systems and much more. Basically, everything that you currently hear about in the so-called Cryptocurrency industry is not even one percent of the scope of my inventions. So, for those of you using ethereum and other platforms.., You may wish to re-evaluate; it won’t be just gas fees. The claim that you don’t need to pay fees because it’s on an MIT licence is erroneous. MIT doesn’t include patent protection.

When I launched bitcoin, I chose MIT licensing for a reason. Software that involves cryptographic components needs to be verified, and this requires open-source code publication. However, an MIT licence does not preclude the use of patented material. Unfortunately for those who use ethereum, many people take my ideas and think they can implement them with impunity. In 2017, I spoke about some of these concepts before ethereum decided to steal them.

Back then, patents were only pending, and you cannot take action for a pending patent.

Now, a proceeding to grant. Welcome to the future.

There is a solution, nChain has implemented a patent pool. As a result, small start-ups will be able to trial ideas without cost. It is only those large silicon valley companies and pseudo-companies like ethereum that think they don’t need to follow law or property rights that are going to find life more difficult.

He that is robbed, not wanting what is stolen, him not know t, and he's not robbed at all. William Shakespeare.

source https://www.linkedin.com/pulse/erc721-plague-upon-when-thieves-cannot-true-one-another-wright?trk=public_profile_article_view

read https://uk.linkedin.com/in/craigswright?trk=pulse-article_main-author-card