They paint themselves as the saviors, the heroes in a crusade against patent trolls. COPA, that righteous knight charging into battle, claims to protect the industry from the vultures who swoop in to snap up patents and choke the life out of innovation.
But you look closer, and you start to see the cracks in the story. Patent trolls—they’re the scavengers, buying up patents to use them like a knife in a back alley, cutting down anyone who dares to innovate without paying their tribute. They snatch up the rights to ideas, not to build, but to bleed.
And then there's COPA. They tell you they’re different. They say they fight those trolls. But when you strip away the PR, what do you find?
It's the same game, different players. COPA’s members—Coinbase, Block, Meta—they buy patents too, piling them up like gold bars in a vault. It’s all about control. They claim it’s for protection, but it smells like the same old tactic: squash the competition, make the rules, and keep the keys to the kingdom.
Here’s a taste of the patents they've got stacked up:
1. Patent 12033144: Improved indexing of custom smart contracts—see it for yourself: patents.justia.com/patent/12033144.
2. Patent 12014361: Systems for better hot wallet security. No secrets here, just control: patents.justia.com/patent/12014361.
3. Patent 11997216: A system for indexing blockchain operations, all wrapped up in a nice little package: patents.justia.com/patent/11997216.
4. Patent 11989166: Processing queries through indexed blockchain data. Cutting down on the wait, but at what cost? patents.justia.com/patent/11989166.
5. Patent 11989722: A method for generating omnibus addresses for cryptocurrency transactions. More control, more locks: patents.justia.com/patent/11989722.
6. Patent 11971878: Handling both batch processing and streaming blockchain data—see it laid out here: patents.justia.com/patent/11971878.
They’re quick to wave the banner of "open innovation," but the playbook reads like a patent troll’s, just dressed up in cleaner clothes. It’s about power, not principles, and when you see them closing doors for others while they keep their own open, you have to ask yourself: who's really the troll here?
S. Tominaga AKA CSW
Oct 7, 2024
https://x.com/CsTominaga/status/1843138277861400626?t=O1Om3gI9H37lHROpZ7EQGw&s=19
https://t.me/S_Tominaga/1109
But you look closer, and you start to see the cracks in the story. Patent trolls—they’re the scavengers, buying up patents to use them like a knife in a back alley, cutting down anyone who dares to innovate without paying their tribute. They snatch up the rights to ideas, not to build, but to bleed.
And then there's COPA. They tell you they’re different. They say they fight those trolls. But when you strip away the PR, what do you find?
It's the same game, different players. COPA’s members—Coinbase, Block, Meta—they buy patents too, piling them up like gold bars in a vault. It’s all about control. They claim it’s for protection, but it smells like the same old tactic: squash the competition, make the rules, and keep the keys to the kingdom.
Here’s a taste of the patents they've got stacked up:
1. Patent 12033144: Improved indexing of custom smart contracts—see it for yourself: patents.justia.com/patent/12033144.
2. Patent 12014361: Systems for better hot wallet security. No secrets here, just control: patents.justia.com/patent/12014361.
3. Patent 11997216: A system for indexing blockchain operations, all wrapped up in a nice little package: patents.justia.com/patent/11997216.
4. Patent 11989166: Processing queries through indexed blockchain data. Cutting down on the wait, but at what cost? patents.justia.com/patent/11989166.
5. Patent 11989722: A method for generating omnibus addresses for cryptocurrency transactions. More control, more locks: patents.justia.com/patent/11989722.
6. Patent 11971878: Handling both batch processing and streaming blockchain data—see it laid out here: patents.justia.com/patent/11971878.
They’re quick to wave the banner of "open innovation," but the playbook reads like a patent troll’s, just dressed up in cleaner clothes. It’s about power, not principles, and when you see them closing doors for others while they keep their own open, you have to ask yourself: who's really the troll here?
S. Tominaga AKA CSW
Oct 7, 2024
https://x.com/CsTominaga/status/1843138277861400626?t=O1Om3gI9H37lHROpZ7EQGw&s=19
https://t.me/S_Tominaga/1109
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