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OPEN BLOCKCHAIN-SPECIFIC LICENSE
README.md

README.md

This License is NOT FINALIZED

THE LICENSE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND!

An OpenSource-like license that specifies how certain software can not be used for cryptocurrencies, except for ones in the approved list.

The license defines blockchains by their proof of work, and respects the longest proof of work chain of each approved cryptocurrency.

The license needs reviews from lawyers. If you are a lawyer with knowledge about licenses, please review it. Write your opinions and comments in the "Issues" part of the git repository. If corrections are needed - do a pull request.

Thank you.


The uploaded example license permits usage on the Bitcoin SV and Bitcoin blockchains:

  • It defines Bitcoin SV as the longest chain following block #560000
  • It defines Bitcoin as the longest chain following block #1

The License respects Proof of Work:

It defines the conditions in which a chain becomes longer than another, as "an advantage of at least 1000 blocks".

That means that in a case where a copmpeting Bitcoin protocol has more Proof of Work than BTC (by at least 1000 times the latest BTC block), the license will officially treat that Bitcoin protocol as Bitcoin.

Until then Bitcoin (BTC) is Bitcoin.

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