The Australian entrepreneur who claims to be the inventor of bitcoin has suggested he might take legal action against the cryptocurrency's developer team over claimed infringement of his intellectual property.
In a blog post published last Thursday, Craig Wright said while forks of bitcoin would be allowed under the open-source MIT license under which bitcoin was released, copying the database would not.
"As the sole creator of Bitcoin, I own full rights to the Bitcoin registry. People can fork my software and make alternative versions. But, they have no rights to change the protocol using the underlying database," Wright wrote.
Bitcoin Core and Bitcoin ABC "Have sought to use my database without authority," Wight claimed.
It should be noted that Wright's claim to be Satoshi Nakamoto, the pseudonymous inventor of bitcoin, has not been proven either legally or to the satisfaction of many experts in the crypto community.
He is also the backer of a different cryptocurrency, bitcoin SV.In the post, Wright appeared to suggest he might attempt to take legal action against Core and ABC, saying: "Those involved with the copied systems that are passing themselves off as Bitcoin ... are hereby put on notice. Please trust me when I say that I'm far nicer before the lawyers get involved."
Based on his claim to be bitcoin's inventor, Wright said Core and ABC infringe his intellectual property rights under the MIT open-source license under which bitcoin is issued.
Elsewhere he claims to have issued all 21 million bitcoin and that nodes are in effect "Agents to my network."
"If you negotiate with me, arrangements can be made allowing the continuance of selected copies of my network, with a set of restrictions. In other words, I am willing to license ... the Bitcoin database. I will do so on my terms," he wrote.
In May 2019, Wright registered a copyright claim in the U.S. for the bitcoin white paper and original code, with a press release appearing soon after that claimed his authorship had thus been recognized.
Craig Wright Doubles Down on Satoshi Claim, Says Bitcoin Core Infringes His 'Database Rights'
gepubliceerd op Feb 17, 2020
by Coindesk | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.