Mustafa Al-Bassam [ARCHIVE] on Nostr: 📅 Original date posted:2016-04-04 📝 Original message:Alternatively scenario: it ...

📅 Original date posted:2016-04-04
📝 Original message:Alternatively scenario: it will cause a sudden increase of Bitcoin mines
in countries where the algorithm is not patented, possibly causing a
geographical decentralization of miners from countries that already have
a lot of miners like China (if it is patented in China).

On 01/04/16 10:00, Peter Todd via bitcoin-dev wrote:
> On Thu, Mar 31, 2016 at 09:41:40PM -0700, Timo Hanke via bitcoin-dev wrote:
>> Hi.
>>
>> I'd like to announce a white paper that describes a very new and
>> significant algorithmic improvement to the Bitcoin mining process which has
>> never been discussed in public before. The white paper can be found here:
>>
>> http://www.math.rwth-aachen.de/~Timo.Hanke/AsicBoostWhitepaperrev5.pdf
> What steps are you going to take to make sure that this improvement is
> available to all ASIC designers/mfgs on a equal opportunity basis?
>
> The fact that you've chosen to patent this improvement could be a
> centralization concern depending on the licensing model used. For example, one
> could imagine a licensing model that gave one manufacture exclusive rights.
>
>
>
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