Interchain ecosystem Stakenet joins Crypto Open Patent Alliance (COPA)

Moreover to Sq. and Coinbase, recent participants embody SatoshiLabs, Kraken, Blockstream, Transparent Systems, Protocol Labs, Blockstack, Foundation Devices,, Blockchain Commons, Carnes Validadas, Demand Network, Horizontal Systems, VerifyChain, Cloudeya Ltd., Mercury Cash, and Bithyve…

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Stakenet, a decentralized blockchain with Lightning Network, Masternodes, and dApps, presented it has joined the Cryptocurrency Starting up Patent Alliance (COPA) because the 19th member.

“As some of you might presumably well well also undergo in tips we now agree with already been hit with what we imagine is a patent placed on study we had been working on by an infinite firm. We printed our study on a system we known as Exertive Proof Of Stake (EPOS) which aged human body exercise to mine cryptocurrency. Two days after we printed our article somebody on behalf of this huge firm began the patent task on exactly the identical thing which they had been awarded. So for us turning right into a member and taking a stand against this roughly exercise is one thing that’s terribly shut to our heart.”

– The Stakenet Staff

A utility blockchain, Stakenet aspects Masternodes, Lightning Network, enhanced security algorithms, and unhealthy-chain capabilities. XSN makes use of staking by the usage of Trustless Proof of Stake (TPoS) ,  offering a excessive degree of security amongst new Proof of Stake networks.


The Cryptocurrency Starting up Patent Alliance (COPA) is a non-earnings community of cherish-minded other folks and companies formed to support the adoption and pattern of cryptocurrency applied sciences and to put off patents as a barrier to spice up and innovation.

COPA acknowledges that cryptocurrency skills is constructed on the collaborative efforts of a community made up of builders, engineers, and designers. The success of cryptocurrency is an immediate outcomes of the community coming collectively to carry out and carry out upon new applied sciences for the coolest thing about all, and we imagine COPA might presumably well support this happen.

The patent pledge and the shared patent library will work in tandem to support power down the incidence and possibility of patent litigation, benefiting the cryptocurrency community as an entire. The patent pledge removes the specter of patents from being aged offensively in litigation, whereas the shared patent library operates as a defend for COPA participants to make exercise of against patent aggressors.

“As the crypto financial system continues to develop, we imagine it’s a necessity to support empower all projects constructing against an originate monetary system. We see ahead to working alongside the participants of COPA to accomplish a foundational patent defend for our industrial.”

-Brittany Cuthbert, COPA Board Member and Senior Counsel at Coinbase

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