Protecting Bitcoin Mining From Patent Trolls
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Introduction: Patent Trolls Targeting Bitcoin Mining
Bitcoin’s use of elliptic curve cryptography (ECC), which is important for generating essential sets and validating digital signatures, has drawn the attention of a nonpracticing entity (NPE), commonly known as a patent giant. Malikie asserts that regular Bitcoin operations, such as validating deals with ECC-based signatures, may infringe on several ECC-related patents initially established by Certicom (later owned by BlackBerry). If Malikie succeeds, anyone running Bitcoin software (miners, node operators, and even wallet companies) could face patent liability.
Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism.
With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.