No, that's wrong. If ever miner licensed the optimization and so was able to mine 25% cheaper, all that would happen is that the difficulty rises 25%. Everyone ends up mining the same number of coins, and the patent troll collects his 5% tax from every miner.
And this is different from bying more efficient ASIC hardware ...how?
This is different than buying more efficient hardware because I am free to buy the hardware from any vendor I like, or create my own. There's no law telling me that if I want to use the more efficient mining algorithm I need to gain permission from a particular person.
Should I let you copy my GDSII files without paying me? Because I wouldn't want to impinge on your natural rights to just snag whatever you want.
No one is stopping you from mining, making ASICS, optimizing your shit to make it faster/more efficient. You just can't use AsicBoost's work. Not without paying for it. Because it's not yours.
Quote
BTW, you don't understand what a patent troll is. For starters, it is not the actual author of a work/inventor.
"a patent troll is a person or company that attempts to enforce patent rights against accused infringers far beyond the patent's actual value or contribution to the prior art"
In this case the idea being patented is the that of not repeating the same calculation multiple times. It's hardly a novel idea. Requiring a licence before allowing people to omit repeating the same calculation multiple times isn't right.
If the idea is unoriginal, begging, and self-evident, how is it that none of the ASIC manufacturers hit upon it in all these years? Is it because "repeating the same calculation multiple times" is appropriately Goldbergian for Bitcoin? So they decided to lose some money & just keep doing it all these years for the heck of it, as a whimsical baroque flourish?
Anyhow, i'm certain there are hundreds of other [equally] self-evident things you could omit, without paying a cent to anyone. Do that
