Bitcoin, Crypto currency, Blockchain

Ethereum: Vitalik Buterin encouraged action against nChain

Vitalik Buterin, founder of the Blockchain platform Ethereum, criticized the Blockchain-companies nChain. This had filed for a new Patent, which Buterin for a clumsy imitation of a long-existing technology. A lawsuit before the court does not hold the Patent, in his opinion, anyway.

The company nChain is, above all, by the dazzling personality of his CTO, Craig Wright known. This had claimed 2016 to be stuck under the world-famous Pseudonym Satoshi Nakamoto behind the development of Bitcoin. BTC-ECHO also reported that the process is Wrights against the heirs of his former business partner, Dave Kleiman, he is said to have defrauded of around $ 10 billion.

Wright vs. Vitalik

With Ethereum founder Vitalik Buterin Craig Wright has made another celebrity enemy. This was criticised on the Forum Deconomy this year already, why would you Wright a platform, since this is obviously a fraud. Now he puts in the face of a new patent of the company nChain.

The European Patent 3268914 bears the title “determination of a common secret for the secure exchange of information and hierarchical deterministic cryptographic Keys.” In Essence, the Patent covers the idea of a predetermined Keys for secure communication in the Bitcoin-to-Cash Ecosystem. Thus, according to his own statement via Twitter-Post hackers attacks on Wallets and Exchanges are to be avoided in the future.

Vitalik Buterin criticized the Patent of nChain sharp. In his view, no Innovation, the register, a Patent for the put in of the developed technology. On Twitter, he said, to imitate, rather, is just the old Public-Master-Key-based Wallets, which were already used in 2013. He even goes to questions as far as whether or not someone is tugging nChain before the court and wants to sue. This call could only be dismissed for the half as a rhetorical question, on the above-mentioned court case.

The history around the Patent and the listed technology develops further, it will be necessary in the next few months. For the necessary Social-Media-attention nChain and Craig have to Wright at least taken care of, including through the re-confrontation with Vitalik Buterin.

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