Fun

News Feed - 2023-07-22 05:07:59

Ana Paula Pereira3 hours agoUK court grants appeal from Craig Wright in Bitcoin rights lawsuitThe decision reverses a prior ruling, allowing Craig Wright to appeal a lawsuit claiming copyright to the Bitcoin white paper and database.1725 Total views9 Total sharesListen to article 0:00NewsJoin us on social networksA British court granted an appeal on July 20 that gave Craig Wright the right to argue in litigation that the Bitcoin file format is well-defined enough to qualify for copyright protection. 


Wright, who since 2016 has claimed to be the inventor of Bitcoin (BTC), launched a lawsuit against 13 Bitcoin Core developers and a group of companies, including Blockstream, Coinbase and Block, alleging violation of his copyright to the Bitcoin white paper, its file format and database rights to the Bitcoin blockchain.


The decision reversed a ruling from February that considered Wright’s arguments insufficient to show how the Bitcoin file format was first recorded, a concept known as fixation in copyright law.


“The Claimants may consider themselves unlucky to have had their application for leave to serve out come before a Judge with at least some understanding of the technology involved here," reads the decision from February, refusing permission to appeal. With this week’s reversal, Wright reopens the discussion on the case.


In a tweet on July 20, Wright wrote, without mentioning the decision: “The legal protection of intellectual property is necessary to ensure the rights of creators and innovators and to encourage the production of new ideas, inventions, and creative works."England and Wales Court of Appeal"s decision on July 20. Source: BAILII


The Bitcoin Legal Defense Fund (BLDF), the developers’ legal representative, argues that Wright hasn’t been able to prove that he is Satoshi Nakamoto, the pseudonymous creator of the Bitcoin white paper and database.


“Wright has claimed to be Satoshi since at least 2016 without providing a shred of evidence to back up this claim," BLDF noted in a statement, adding that Wright must prove to be Satoshi Nakamoto “before the courts can make a decision on the three primary claims named in the lawsuit." The case is expected to go to trial in early 2024.


The Bitcoin code is open-sourced and freely distributed under the Massachusetts Institute of Technology license, meaning that users have the right to reuse the code for any purpose, including in proprietary software. Wright has argued, however, that the Bitcoin Core developers represent a “Bitcoin Partnership," allegedly a centralized entity that controls the Bitcoin network.


“They seem to be trying to muddy the waters and make it seem like Bitcoin development is a centralized process controlled by a few people, which is a key argument for their lawsuit," a spokesperson from BLDF told Cointelegraph.


According to BLDF, the fact that courts in the United Kingdom are allowing his arguments to be heard is extremely concerning — not just for the crypto community but for the whole world. “It sets a dangerous precedent where developers can be sued for violating the file format of open source software that someone else claims to have created," it said.


Magazine: Ordinals turned Bitcoin into a worse version of Ethereum — Can we fix it?# Bitcoin# Bitcoin Core# Business# United Kingdom# Craig Wright# DevelopersAdd reactionAdd reactionRelated NewsWhat are fan tokens, and how do they work?7 most in-demand programming languages to learnThe last Bitcoin: What will happen once all BTC are mined?UK Law Commission report challenges Craig Wright’s suit against Bitcoin developersNasdaq halts launch of cryptocurrency custody serviceTesla’s diamond hands: EV maker"s Bitcoin holdings see no change in Q2

News Feed

PayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin miners
Martin Young5 hours agoPayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin minersPayPal’s Blockchain Research Group wants to designate “green miners” and reward them accordingly with additional Bit
Crypto Analyst Says Ethereum Will Outperform Bitcoin And Solana, Is $12,000 Possible?
Este artículo también está disponible en español. A top crypto analyst has issued a bold prediction for Ethereum, forecasting it will outperform both Bitcoin and Solana i
Martin Young4 hours agoEthereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGeckoThe LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields.852 Tot
Venezuela’s Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro
Venezuela"s Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro The president of the National Association of Cryptocurrencies of Vene
G7 Finance Ministers and Bankers Adopt Guidelines for Central Bank Digital Currencies
G7 Finance Ministers and Bankers Adopt Guidelines for Central Bank Digital Currencies Any digital currency issued by a central bank must support financial and monetary stability, f
Gareth Jenkinson29 minutes agoGensler testimony — Crypto enforcement actions driven by “wide-ranging noncompliance”SEC Chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cry
Dutch Authorities Seize Cryptocurrency Worth Over 25 Million Euros
Dutch Authorities Seize Cryptocurrency Worth Over 25 Million Euros Dutch authorities have seized more than 25 million euros in cryptocurrencies, including bitcoin and ether, from d
Zhiyuan Sun7 hours ago‘Fuck regulators,’ said SBF behind closed doors: ReportThe disgraced crypto executive frequently praised the need for crypto regulation in public.2385 Total views34 Total sharesListen to article
Abhishek Singh10 hours agoConvergence of AI and blockchain: Unlocking new possibilitiesOverall, the combination of AI and blockchain represents a massive paradigm shift in modern technology and presents significant oppor
Work X – Tokenizing Your Skills
Work X - Tokenizing Your Skills press release PRESS RELEASE. Zug, Switzerland, 5 Jan 2022: For many years, getting a diploma from a university or other institution was the only way
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individual
New Exclusive Slot Game — ‘Bitcoin Rocket’ Open for Play With a $10,000 Tournament
New Exclusive Slot Game — ‘Bitcoin Rocket’ Open for Play With a $10,000 Tournament Bitcoin.com releases Bitcoin Rocket — an extremely fun exclusive slot game playable