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1. Sounds like you don't understand opensource licensing. 2, 3. What patents exist for segwit that Blockstream owns? 4. Why? 5. Their code is already in Bitc
by sanswork 9y ago
1. Sounds like you don't understand opensource licensing.
2, 3. What patents exist for segwit that Blockstream owns?
4. Why?
5. Their code is already in Bitcoin. They have a bunch of the core developers on their payroll.
6. How does it get around anything? Can you explain the difference between a soft fork and a hard fork and why the later is better?
- 9BillionMistake 9y ago1. That is true, I have 1 patent to my name and 1 pending but I do not understand software/opensouce particulars. 2. http://lmgtfy.com/?q=blockstream+patents http://lmgtfy.com/?q=blockstream+patents 3. If they need to pay more to transact one particular crypto they will be less likely to do so, right? If one item is taxed but an identical one is not, you go with the cheaper one. 4 (your 5). Yes, also true, but this is their pièce de ré·sis·tance, the grand coop we have been building to, copyrighted code in Bitcoin, and they have shown us how to get there through their past actions this last 2 years. 5 (your 6). Yes, a hard fork is simple, once you get more than 50% of the power on the network, you make a transaction that ONLY the upgraded nodes can "see", done. Everyone that "sees the TX" in on the new network, everyone else is no, period. Soft forking is essentially the same except it allows the devs to say that their version is Backward Compatible, and thus does not "force" anyone to switch. This (of course we should know by now) is not true, and anyone one a SewWit network trying to use the classic Bitcoin would be able to spend ANY transaction and it would be pointless. So, it is marketing bottom line.