79b79aa8
Well-Known Member
- Sep 22, 2015
- 1,031
- 3,440
that shows mining BCH was deemed profitable by Ayre's company. so?
Gold collapsing. Bitcoin UP.
- Thread starter cypherdoc
- Start date
I'm surprised you're happy about thisTAAL (used to be called: Squire Mining) is one of the previously "unknown miners" mining Bitcoin Cash
https://www.reddit.com/r/btc/comments/eml7l9/so_unknown_miner_fezi3_is_taal/
kyuupichan
Member
- Oct 3, 2015
- 95
- 348
Yup, this morning was the last chance. Too bad suckers.
Norway
Well-Known Member
- Sep 29, 2015
- 2,424
- 6,410
Norway
Well-Known Member
- Sep 29, 2015
- 2,424
- 6,410
[doublepost=1578674680][/doublepost]ahaha, looks like an increasing likelihood that there is indeed a Tulip Trust. whether it hold privkeys is another question, but still, gotta be worrisome
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cypherblock
Active Member
- Nov 18, 2015
- 163
- 182
Lol, nobody whining here. Never asked for anything. Get your facts right.
[doublepost=1578690240][/doublepost]
Unfortunately I did not get my money in in time for this BSV pump (saw it coming a mile away but too slow to move on it).
>Unfortunately I did not get my money in in time for this BSV pump (saw it coming a mile away but too slow to move on it).
think about how you'll feel when it gets to $20K.
think about how you'll feel when it gets to $20K.
Norway
Well-Known Member
- Sep 29, 2015
- 2,424
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So you're ok with Craig patenting his inventions? Or do you want them for free?
Jonathan Vaage
Member
- Nov 27, 2015
- 80
- 370
The reality is, if you think of an idea first and can prove it, you can get a patent. I make a living from IP, I think IP laws are detrimental to the prosperity of society, but that won't stop me from using the system that exists to my advantage. You don't make patent less effective by not getting them.
If nChain doesn't get them, someone else will. If you don't like companies innovating on top of the Bitcoin protocol and patenting original ideas then fork them off. (I don't agree with ABC's cost-benefit analysis. Their "shit lord" is probably just winging it anyway, because that's a stupid strategy.)
that's defensive use if you are in teh BSV economy.
[doublepost=1578699550][/doublepost]
Give those words and an infinite amount of money to a lawyer and he can make them mean whatever you want them to mean.
But yes if we trust in the intention and the keyword here trust which most in bitcoin don't seem to understand, where and how, that principle is used. It's for the benefit of the network and what benefits the network benefits the people invested in the network, creating value. (want more benefit then invest more)
So it's easy to trust the offer as it is a net benefit to all who seek to see bitcoin succeed, redacting it is lose-lose not a win-lose.
[doublepost=1578699624,1578699021][/doublepost]
Understanding this and the rest of the post is important.
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Or strategic. Remember the mining up to the ABC BSV fork. There were principles involved some miners showed their hand and exposed their underbelly.
3 SHA256 revenue sources of competing for hashrate forms a very complicated dynamic. Mining for profit only now is short-sighted.
[doublepost=1578700656][/doublepost]
I got washed away.
What asset goes up 30% in a day and then another 16% after you call it a bluff. Oh why, it's Bitcoin.
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cypherblock
Active Member
- Nov 18, 2015
- 163
- 182
In US and Europe it is First to File system. So actually having ideas first matters little as I understand it. This tends to skew things in favor of large corporations who have lawyers on staff for this sort of thing and can file many patents (100s, 1000s) a year.
I wonder if, now that we have a provable time stamping based on blockchains, if countries might re-consider a first to invent system. Maybe it should be, first to Timestamp their ideas on a secure blockchain
think about the patents this way; most involve a licensing fee for any use, anywhere, anytime, any blockchain. at least with nChain, they're allowing you free and total use as long as your profit making overlay app works on the BSV blockchain. it's not a bad deal
Timestamping is a great use of the blockchain, everyone should be hashing and timestamping original ideas or creative content, and yes, you are somewhat correct.
When I was at university, and this was a long time ago, we were taught and advised to timestamp everything we did in a sealed envelope with a trusted authority. Even if a patent was granted after your idea had been timestamped by a trusted authority in a sealed envelope if it were challenged in court, you had a right to your knowledge unimpeded by the patent if you could prove it existed before the patent was filed.
If you can prove you had the idea first, that fact can jeopardize the patent holder's claim, so it's very likely that timestamping and hashing could prove who was first, and if you truly are first but have not filed, you hold a trump card. The patent holder is unlikely to push a cease and desist as it may invalidate their patent.
[doublepost=1578709046][/doublepost]
I' like being in control of my destiny, none the less as time goes on, it snowballs and becomes less risky. I'll be using some of nChains patent if they do what they say on the box. It's a race to see if earning BSV can become more valuable than earning BCH or BTC.
That said, I don't feel threatened by nChain's patent strategy, in fact, I'm reassured by it.
When I was at university, and this was a long time ago, we were taught and advised to timestamp everything we did in a sealed envelope with a trusted authority. Even if a patent was granted after your idea had been timestamped by a trusted authority in a sealed envelope if it were challenged in court, you had a right to your knowledge unimpeded by the patent if you could prove it existed before the patent was filed.
If you can prove you had the idea first, that fact can jeopardize the patent holder's claim, so it's very likely that timestamping and hashing could prove who was first, and if you truly are first but have not filed, you hold a trump card. The patent holder is unlikely to push a cease and desist as it may invalidate their patent.
[doublepost=1578709046][/doublepost]
Still, I'd be hesitant to build a business that depended on someone else patents at this stage of the game. That's true of any patents in this space, not just nCahin. Companies starting out today are making the tech (coin) valuable, using patents that belong to others doesn't yet give you an advantage that generates income that justifies paying a licence or building a business that will be dependant on the whims of someone else, or worse be extorted if successful.
I' like being in control of my destiny, none the less as time goes on, it snowballs and becomes less risky. I'll be using some of nChains patent if they do what they say on the box. It's a race to see if earning BSV can become more valuable than earning BCH or BTC.
That said, I don't feel threatened by nChain's patent strategy, in fact, I'm reassured by it.
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Christoph Bergmann
Active Member
Just wanted to remind that Amaury himself made sure that bitcoin unlimiteds op code for the Nov 2018 hardfork was replaced by an op code for which blockstream has an ip (without any lawyer asked to review the patent situation).
Now someone is creating a Smartcard business based on this opcode. While schnorr implementation also used vast amounts of blockstream code which is probably under ip.
Good old crypto rule: you get the opposite of what you are told.
Now someone is creating a Smartcard business based on this opcode. While schnorr implementation also used vast amounts of blockstream code which is probably under ip.
Good old crypto rule: you get the opposite of what you are told.
@Christoph Bergmann
Who do you think Blockstream is supposed to sue and in which country do you think are these ridiculous patents even halfway valid?
Also, schnorr (the algorithm) is free now and the existing schnorr code was published by core/blockstream under MIT license.
Who do you think Blockstream is supposed to sue and in which country do you think are these ridiculous patents even halfway valid?
Also, schnorr (the algorithm) is free now and the existing schnorr code was published by core/blockstream under MIT license.