Quote from: smooth on December 31, 2014, 09:34:53 PM

Quote from: adam3us on December 31, 2014, 10:00:52 AM

I have some first hand knowledge that some companies are patenting things related to bitcoin, and probably much more I dont know about.

Thats another reason to want to be cautious about side chains and all this blossoming innovation. Every new improvement creates new openings for patents. If it is broken, then by all means fix it. But if it isn't broken, it might be best to leave well enough alone and let the patent clock on the existing methods run out.

Patent trolls dont feel the need to be concrete - there are patents on how to run a CPU on top of homomorphic encryption before there is usable performance FHE.

The world badly needs patent reform. Ban patents, copyright cant be too soon IMO.

Adam