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Your comment only applies to US citizens, who make up about 3/70 of the world population. What about the vast majority of the world? There was a time when DNA
by troymc 11y ago
Your comment only applies to US citizens, who make up about 3/70 of the world population. What about the vast majority of the world?
There was a time when DNA and faxes weren't considered admissible. It just takes time for legal systems to catch up with new technologies.
- williamcotton 11y agoConsidering that Blockai's offices are located in the United States, I think it was a pretty good question! You're correct that the bigger picture is a solution that, like the Internet itself, crosses international borders, which is why we chose to build on top of the Bitcoin blockchain. Blockchain technology has the ability to work seamlessly within existing legal systems. At Blockai we're having to explore the nuances of a good deal of those existing legal systems and we're starting with our own home turf. It's a good time to be an IP lawyer, that's for sure!
- troymc 11y agoIf you get big enough, you'll find that Bitcoin's blockchain a terrible blockchain for what you're doing. It's throughput is on the order of 1 transaction per second, you can't store much data per transaction, the latency is on the order of an hour (before you can be sure your transaction is "in"), and the fees per transaction are on the order of tens of US cents (unless you want to wait even longer). There are other problems, but I'm sure you read the news.
- williamcotton 11y agoConsidering that registering with the Copyright Office takes 8-10 month I think that waiting a few hours for a transaction to end up in a block during peak times is a big improvement! Open Publish doesn't need to be on any specific blockchain. We started with the most popular and most secure. All that Open Publish needs is a decentralized consensus public-access datastore based on public key cryptography. We could also very easily batch registrations and transfers in to just a few Bitcoin transactions an hour. Since we're using our own Bitcoin you can be pretty sure that as our costs begin to climb upwards that we'll look in to making things cheaper! We have been actively building software on top of the Bitcoin blockchain for over two years. We're very familiar with both the protocol and the intermittent weather on the network. The pros and cons are well known to us but that doesn't mean your concerns are not valid! You are free to try it out for yourself: https://github.com/blockai/openpublish https://github.com/blockai/openpublish
- fweespee_ch 11y ago> Does anyone know if this is actual proof that has been accepted in a legal court in any country in regards to a copyright dispute? You didn't read my comment? I did ask about other countries. I only used one example [the US] since it is the one I'm familiar with.