The decision, which brought the company the second patent of the European Patent Office, Buterin does not consider innovative.
The founder Ethereum Vitalik Buterin calls through the court to deprive the research company nChain of a patent for the technique of deterministic key generation.
Buterin argues that nChain is trying to obtain a patent for crypto wallets with a public key, although Ethereum has been using this technology since 2013. The founder of Ethereum proposes to sue the company.
This looks like they're trying to patent plain old public master key-based deterministic wallets, like what we had in 2013. Can't someone attack it in court with the obvious mountains of prior art?
— Vitalik "Not giving away ETH" Buterin (@VitalikButerin) June 26, 2018
NChain, in fact, plans to create a set of blockchain tools to facilitate transactions around the world with the help of “Internet of Transactions”, as Craig Wright, the chief scientist of nChain, who calls himself Satoshi Nakamoto, calls it.