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Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
by
smokim87
on 04/01/2018, 19:33:59 UTC
You only have to wait for patent pending status before you start using it, not after you have been granted it

https://www.upcounsel.com/how-long-does-it-take-to-get-a-patent-pending-status

But patent pending is one to three years according to this. So we can't get the mainnet online this year? And wouldn't that just prove that it's vaporware until 2019-2021? :/

It seems that both company registration and patent pending / approval will take up to a year. So i'm just wondering how we will be able to get the mainnet online quickly without going open-sourced.

Please read it again, you get patent pending as soon as you file the application

Sorry, but ye you're right. I was curious about it so I was doing research. So I found out that it can take up to 4-5 weeks to receive a letter from them (up to about one month?). You need the confirmation that comes in the mail after they process it. So overall, we're looking at around 3 weeks from now? Also does it have a patent number that you can check online with to confirm that it was filed?

You can enter it into here https://portal.uspto.gov/pair/PublicPair

As for the company though, how about that? Is the project waiting on the company registration to get that done? If the company registration still takes roughly one year, wouldn't that just mean that the project will still be delayed for 1 year? If the process is done, it should have a confirmation number that we can put into the search system it seems.

As for moneyball, why would you ignore someone for asking a question?
The goal isn't to FUD, but to add legitimacy to the project.

Shorter version: So if we get patent pending about 1 month or so, the project testnet will begin in about a month or so close to February / in February? or are we waiting for the company to fully register?

Good observation, Evergreencoin did  their registration and it took a year to finalize it. Wondering can't they launch the main net and continue development while they wait.

Sorry not too familiar how this all works but as long as the patent is pending can't the main net launch without having to wait for the company registration to complete?

I'm still with open source though, the decentralization kinda conflicts with having a patent on the tech no?

Also wondering CCR mentioned tech will be free to use with no restrictions at all within the XBY community, what are the requirements to be considered a community member though? If it's as simple as having a forum account at the xby forums?