As a seasoned crypto investor with a deep understanding of the decentralized web and its underlying technologies, I strongly support Ethereum Name Service (ENS) in their challenge against Unstoppable Domains (UD) over the patent dispute.
In early 2023, the Ethereum Name Service (ENS) camp confronted contrasting perspectives within the crypto community upon announcing their legal challenge against a US patent owned by Unstoppable Domains (UD) that was granted in January.
On May 2, ENS filed a petition with the US Patent and Trademark Office (USPTO) to contest the legitimacy of the UD patent. The organization explained that this action was taken in order to preserve the open-ended nature of the web as a platform for collaboration.
As a knowledgeable analyst, I’d rephrase it as follows:
I represent ENS, an organization that values decentralization and serving the public good. We take pride in upholding this philosophy in all that we do. However, the potential impact of the UD patent on our core beliefs is a cause for concern. Specifically, we firmly believe that fundamental web functions should remain accessible to everyone without the encumbrance of patents. The threat posed by the patent could disrupt or even dismantle this foundational principle.
In the cryptocurrency community, some members expressed their approval for ENS‘ decision against UD, while others presented opposing views on the proposed petition.
As a crypto investor following the developments at Cinneamhain Ventures, I share Adam Cochran’s perspective on the UD patent issue. In my opinion, Cochran makes a compelling argument that the naming system on blockchain platforms, such as Ethereum Name Service (ENS), should be considered an everlasting public asset and open intellectual property. This stance is essential for maintaining the decentralized nature of these networks and ensuring equal access to their benefits.
“Cochran emphasized the importance of transparency in this field by avoiding the creation of intellectual property monopolies.”
As a DeFi analyst, I strongly endorse the stance taken by the DeFi Education Fund regarding ENS (ETH Name Service). Like ENS, I am passionate about promoting and progressing open-source financial protocols in the decentralized finance space.
A cryptocurrency community member expressed concern that ENS might only respond by attacking UD. This user claimed that ENS encourage their network to shun collaborations with UD, while also criticizing ENS for charging steep fees that drain investors’ resources.
As an analyst, I’ve come across a comment from an X user who accused Ethereum Name Service (ENS) of attempting to manipulate or confuse the situation through gaslighting. This user disagreed with the community member’s stance that patents are issued only after thorough evaluation. The X user further recommended that ENS should focus on addressing this matter in a court of law instead of on the X platform.
Matthew Gould, the founder of Unstoppable Domains, commented on the Ethereum Name Service (ENS) issue X, acknowledging that ENS was mentioned in the patent application alongside other blockchain domain systems. According to Gould, the patent underwent evaluation with these citations, and it remains valid.
In response to Gould’s comment about aspect X of the ENS patent, founder Nick Johnson asked him to highlight the significant innovations within their patent that weren’t already present in ENS. Unfortunately, Gould didn’t follow up with any further responses regarding this matter after Johnson’s initial challenge.
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2024-05-03 12:56