Hmm Have my new paycoin wallet ready to go. HA.. Saving shitcoins might be a nice thing.
GAW trademarked the name and own the .COM domain they will probably send a Cease and Desist order from there legal team. All You have to do is rename you coin to something else.
Wrong. PayCoin the alt coin is pre-existing and cannot be stopped by someone who comes around after them with the same idea.
Their best and cheapest chance is to buy up all the PayCoins and take it over and then shut it down or merge it with their coin.
GAWminer cannot touch PayCoin, they have to buy them out.
Read it and weep:
Prior art or background art, in most systems of patent law [or trademarks] constitutes all information that has been made available to the public in any form before a given date that might be relevant to a patent's claims of originality. If an invention has been described in the prior art, a patent on that invention is NOT valid.
GAWminers, you can have my PayCoins at 377,777 Satoshi.