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. > > > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
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