Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 15%] [ZEIT KNIGHTS]
Should we consider 'protecting ourselves'?
https://news.bitcoin.com/blockchain-patent-trolling/?
https://news.bitcoin.com/blockchain-patent-trolling/?
Quote
With the new blockchain industry growing, the rise of filing patents has become a seemingly necessary step for people starting new projects, with entrepreneurs and developers worried about patent trolls locking them out of their own ideas.
Bunch of Asshats , trying to get control of a technology that they did not invent.
Patent process is quite legalized and expensive, but we as most Crypto Coins operate under the Open Source License.
So we should be protected under the Open-Source umbrella , we also were up & running in the Public years before those asshats even filed for a patent, so we should have some grandfather protections.
For a patent to be successful, the invention needs to be novel and not thought of before. If someone applies for a patent threatening technology that is already being used, it should be a simple matter to blast it out of the water with a simple objection.
I say 'should be' because unfortunately, money talks. Big money shouts and sometimes 'deafens' ears to what is just. Didn't JP Morgan, or some other big banking organisation try this on some time ago?