The infamous Bitcoin creator himself announced a proposed settlement to “all parties” with the Crypto Open Patent Alliance (COPA) in a letter published Wednesday. The move is aimed at avoiding a trial over intellectual property rights to Bitcoin and the legal pressure of having to prove whether Craig Wright is in fact Bitcoin’s pseudonymous creator, Satoshi Nakamoto.
Last month, a British judge ordered Wright to provide documented evidence for his claim to be the creator of Bitcoin. High Court Judge James Mellor said Wright must provide printed copies of 95 documents dating from 2007. Wright’s attorney said the document, stored on a USB drive, would prove he was Nakamoto.
“In February, I will be meeting a group of individuals and businesses at the High Court in London, where I plan to defend my intellectual property rights as the creator of Bitcoin,” Wright said. “However, the focus of my various lawsuits to date has not been to reveal my pseudonymous identity as Satoshi Nakamoto, but to demand that Bitcoin remain faithful to its core principles.”
He highlighted the Bitcoin whitepaper’s role as the foundation for other cryptocurrencies bearing the name Bitcoin, such as Bitcoin Cash and Bitcoin SV.
Today I sent the opponents of the COPA lawsuit, the passing-off claim, and the database rights claim a non-negotiable offer to resolve each of these cases. This proposal is reproduced in full at this link: https://t .co/Kecq7wDG8z
— Dr. Craig S. Wright (@Dr_CSWright) January 24, 2024
In 2021, COPA, backed by Jack Dorsey, sued Wright over his attempts to protect his copyright on the founding documents of the Bitcoin blockchain.
“To clearly demonstrate the sincerity of my proposal, I waive my database rights and copyrights related to the BTC, BCH and ABC databases and jointly control, operate and/or make public commercialization of the technology in a competitive and fair market where intellectual property rights are respected and utilized. You could even own that database to encourage it,” Wright said. “With this proposal, I want to ensure that they can compete fairly alongside BSV.”
Wright said the proposal is in the works until the end of January. “All parties now have to agree to a settlement within seven days of the offer or we will proceed to trial,” he said.
He added that the settlement offer maintains the goal of maintaining the integrity of the Bitcoin network, while limiting the “unnecessary costs” of a lengthy High Court trial for all parties and allowing developers to focus on Bitcoin.
In this proposal, Wright proposes to terminate all legal claims in the case and for each party to cover its legal costs. Wright encouraged event participants to donate the money they would have spent to Burnside, an Australian charity that helps single mothers or other agreed-upon charities.
Wright pledged not to profit financially from the case, promising to donate any funds he could receive to charity.
Wright said the proposal’s stipulations include all parties agreeing not to use or allow affiliates to use BTC, BCH, ABC or BSV databases to create, copy or fork new Bitcoin databases, which the opposition said it agreed to suspend all media. Anti-Light Campaign.
“I believe this term is largely uncontroversial, beneficial to the industry as a whole, and intended to be a fresh start in Bitcoin history to ensure success in some form,” Wright concluded. “I look forward to hearing from you.”
COPA has not yet responded. detoxification Request for comment.
Edited by Ryan Ozawa.
