Adam Back: Blockstream ‘Has No Patents Related To SegWit’
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Adam Back: Blockstream ‘Has No Patents Related To SegWit’

THELOGICALINDIAN - Blockstream CEO Adam Back has refuted claims by Swedish Pirate Party architect Rick Falkvinge that the aggregation has patents in SegWit

In a Twitter acknowledgment Monday, Back declared Blockstream “does not accept any patents, apparent applications, conditional apparent applications, or annihilation similar, accompanying to segwit.”

Falkvinge, who is a allegiant adherent of bigger blocks proposed by battling ascent band-aid campaigners Bitcoin Unlimited, had beforehand Monday released a dedicated post on his website arguing Blockstream’s SegWit abutment was for its own interests.

“Based on Blockstream’s behavior in the Bitcoin community, I accept become actually assertive that Segwit contains patents that Blockstream and/or their owners accept planned to use offensively,” he wrote.

The column accuses Blockstream of “classic goalpost moving” and employing behavior that “only makes sense” beneath a apparent battle.

Falkvinge continues:

Back’s Twitter antiphon appears to be aerial from antecedent comments on Reddit larboard by amount developer Greg Maxwell.Maxwell

“As is the case for added above agreement features, the Bitcoin developers formed anxiously to not actualize apparent complications. Segwit was a all-embracing accord beyond the community, which included bodies who assignment for Blockstream amid its abounding contributors,” he continued.

Maxwell common that Falkvinge had ahead fabricated agnate allegations, which he had addressed separately.

“In short, Rick Falkvinge’s allegations are absolutely after arete and are accurate by annihilation added than authentic belief which had already been debunked,” he concluded.

Falkvinge meanwhile has remained bullish on Bitcoin publicly, telling RT in February he accepted Bitcoin could booty over up to 10% of the adopted barter market.

In his post, however, a bright acumen is fatigued amid the archetypal Bitcoin appearance and that of Blockstream.

The owners of Blockstream are the archetypal banking institutions […] that accept aggregate to lose from cryptocurrency accepting ground,” he wrote.

What do you anticipate about Rick Falkvinge’s claims about Blockstream? Let us apperceive in the comments below!

Images address of Shutterstock, Twitter