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Vitalik Buterin considers Craig Wright’s patent portfolio to be a kind of trolling

April 24, 2020

The founder of Ethereum, Vitalik Buterin attacked discreetly to Craig Wright, the alleged Satoshi, on social media for his blockchain patent portfolio, which has sparked a heated debate on Twitter.

Buterin said that anyone who boasts of blockchain patents doesn’t understand the term blockchain:


Vitalik Buterin considers Craig Wright’s patent portfolio to be a kind of trollingVitalik Buterin considers Craig Wright’s patent portfolio to be a kind of trolling

Wright (Chief scientist at nChain) Claims that nChain has submitted more than 800 blockchain patent applications and has been granted between 50 and 100. This patent portfolio poses a legal threat to blockchain projects from Bitcoin Cash to Lightning Critics argue that this violates the open source nature of blockchain technology and is a kind of trolling.

I know it is you, but what am I?

The founder of Coingeek and Wright’s mentor, Calvin Ayre countered by saying Buterin didn’t understand blockchain and claimed that Ethereum was a platform that had cultivated ICO fraud.

He tweeted:

The conversation turned to Buterin, who said “BSV doesn’t scale” and Ayre replied that “this [conversación] it’s stupid, “and several supporters of BSV and Ethereum came in.

Joe Roets, CEO of Dragonchain, was inspired to publish a blog post to support Blockchain’s open source philosophy and patent system. Dragonchain’s DApp, Eternal, also immortalized Buterin’s comments on the Dragonchain blockchain, where it can never be deleted or censored.

Why is nChain so patent-happy?

The President of the Bitcoin Association, Jimmy Nguyen, a former CEO of nChain, said in March that the actual number of patents pending had just reached 666. He summed up the concerns of the blockchain community on this topic very well:

“When you hear trolls online, Craig strives to patent all bitcoin and blockchain technologies as part of his quest for world domination.”

But Nguyen, a former patent attorney, said it was only fair for blockchain companies to patent their technologies:

“Like any sensible company, we want to protect our investment by securing intellectual property rights where appropriate. With a lot of work and expense, nChain has produced what we believe to be the largest and highest quality blockchain patent portfolio in the world. “

However Craig Wright informed Micky in February that he had introduced the patent portfolio to take control of Bitcoin’s forks and altcoins:

“Basically, it was a question of whether I really … wanted to try to stop all the splits, forks, and altcoins scams that pretend to be blockchains. The only way I could really imagine was by patenting to start.”

Like key figures in the crypto realm Binance’s Peter Mckormack, Roger Ver, and CZ have raised concerns about nChain’s patent portfolio.

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