Adam Back: Blockstream ‘Has No Patents Related To SegWit’
Blockstream CEO Adam Back has refuted claims by Swedish Pirate Party founder Rick Falkvinge that the company “has patents in SegWit.” Pirate Party’s Falkvinge: Blockstream SegWit Support Driven By Patents. In a Twitter response Monday, Back stated Blockstream “does not have any patents, patent applications, provisional patent applications, or anything similar, related to segwit.” Falkvinge, who is a staunch supporter of bigger blocks proposed by rival scaling solution campaigners Bitcoin Unlimited, had earlier Monday released a dedicated post on his website arguing Blockstream’s SegWit....
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Open source bitcoin startup Blockstream, notable for its foray into developing sidechains for the bitcoin blockchain will now see a CEO at its helm. In a recent announcement, Blockstream revealed a unanimous decision by the company’s board of director that saw Blockstream co-founder Adam Back become CEO of the company. Back held the role of President before his new position and has also operated as the chief operating officer in the past. Blockstream revealed outgoing CEO Austin Hill will “pursue other opportunities” and has also stepped down from the board. A prominent academic in the....
For those people who were under the impression the Bitcoin block size debate was over, you are sadly mistaken. That being said, things are getting interesting, as F2Pool announced they will withdraw support from the February 21 roundtable consensus unless things are sorted out on the Adam Back front. There is never a dull day in the world of Bitcoin politics; that much is certain. Adam Back and Blockstream. Various Bitcoin community members have been claiming how Blockstream is planning to drive Bitcoin Core development in a different direction than was originally envisioned by Satoshi....
Bitcoin startup Blockstream has a new CEO. The company said today that its first CEO, Austin Hill, is formally stepping aside, with current president Adam Back being appointed to the role. As part of Hill's exit from the firm, he has also stepped down from the board. Blockstream said that Hill was leaving the company to "pursue other opportunities". Back, a noted cryptographer who is one of the startup's founders, said in a statement: "I am honored to take on the CEO position at this important phase in the company’s growth and am excited about leading Blockstream to its full....
The US Patent and Trademark Office (USTPO) has published a patent application submitted by bitcoin startup Blockstream related to its work on sidechains. The application, submitted on 9th May and published earlier this week, outlines “systems and methods...for transferring an asset from a parent chain to a sidechain”. It names Core contributors and Blockstream execs Adam Back and Greg Maxwell as inventors. Sidechains are envisioned as a way to allow the movement of digital assets from one blockchain to another, opening the door to new kinds of applications and experiments using the tech.....
A collection of recognizable names from the Bitcoin space have teamed up under lead author Adam Back to release an official Sidechains whitepaper at Blockstream. Blockstream is the name of a new company dedicated to "working on trustless cryptographic infrastructure." The paper is available for download on the new Blockstream website. The sidechains concept first hit the public eye earlier this year when Back introduced the concept to the Bitcoin public as a replacement for altcoins and even Bitcoin 2.0 platforms. Fresh on the heels of the release of the long-awaited Sidechains whitepaper,....