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Jared Tate

Logo of telegram channel jaredctate — Jared Tate J
Logo of telegram channel jaredctate — Jared Tate
Channel address: @jaredctate
Categories: Health
Language: English
Subscribers: 1.36K
Description from channel

Jared Tate (DGB Founder) Personal Channel

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The latest Messages 16

2022-01-01 09:01:01 Happy New Year! Gelukkig Nieuwjaar! Feliz Año Nuevo! С Новым Годом! سنه جديده سعيده! 虎年大吉! नववर्ष की शुभकामना! Prosit Neujahr! 明けましておめでとうございます! Cheers to everyone globally! Thank you all for being amazing. Welcome to 2022! It will be the year yet.
477 viewsJared Tate, 06:01
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2022-01-01 09:00:52 https://twitter.com/jaredctate/status/1477157730456461313?s=20
464 viewsJared Tate, 06:00
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2021-12-29 03:47:59 I was recently asked "Jared can you let us know if any of code used or methods of DGB infringes on Reggie Middletons patents?"... here is my answer:

DGB was created almost a year and a half before his patent was even filed. It holds zero weight over any decentralized blockchain. He can attempt to patent troll all he wants, but it will go down in history as one of the quickest and simplest patent invalidations ever completed. Especially if he decides to go after groups who literally have billions to spend on a team of lawyers to make quick work of it.

Nothing about his patent is unique or novel. There were numerous operational blockchains & blockchain platforms in existence talking about and doing what he supposedly patented before it was even filed. One of those was DGB. I know this because I was involved with blockchain tech everyday for almost 3 years before his patent was even filed. I have received numerous threatening letters from patent trolls in the past and they all ended up in the same place. My trash bin. Nothing ever came of them because they were all BS to begin with and had zero legal standing in an actual court of law in the US.

More importantly the very idea of patenting open source blockchain is against the entire ethos and moral high ground of open source blockchain tech. Which is why I have not attempted to patent any open source code I developed or worked on over the past 9 years. To do so would be not only unethical, but completely unenforceable. So I find anyone attempting to do so counter to everything the rest of us have been working on.

According to US Patent office a patent must have 6 things; Have Patent-Eligible Subject Matter, Be Disclosed, Not Be Already Patented, Be Novel, Serve Some Predetermined Purpose (Utility Patents Only), and Be Non-Obvious.

At the time his patent was filed there were many blockchains and second layer solutions working, in the wild and doing what his patent describes. So it is in no way Novel, and it is definitely not non-obvious. Numerous people were talking about decentralized finance, second layers and more in 2011/2012/2013/2014 well before he even filed it.

Finally the patent needs to "Have Patent-Eligible Subject Matter". Ie. "Certain subject matters are excluded from patentability by each patent jurisdiction in the world. For example, in the US, laws of nature, physical phenomena, and abstract ideas may not be patented." Decentralized finance at this point with blockchain technology is very much an abstract idea as well as an extension of the laws of nature as decentralized computing begins approximating the data structures seen in nature through blockchain technology.

https://ghbintellect.com/five-ways-to-invalidate-a-patent/
871 viewsJared Tate, 00:47
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2021-12-24 00:53:26 The problem with any future DGB algo swap is this. By the time we implement code, test it, and do a client upgrade release and set a hard fork point at least 6 months in the future. We will be talking anywhere from 8 months to 2 years time line. A new asic could be built, tested and deployed by some of these manufacturers in as little as 2-3 months.

And remember since everything we would do would be completely open source, all this r&d could be done in secret and community would never know. So as soon as we activated a new algo it could be dominated on day one. And we would be back in the same place. Yet we would of spent any where from 6 months to 2 years on all sorts of tasks, all the while introducing significant systemic risk to the blockchain to arrive back at the same place.

And there is extreme risk for any future DGB hard fork. The network is big and diverse enough now there is a real chance a large group will be anti fork and split the chain. There is a chance in such a scenario multiple exchanges delist DGB because of the risk or stop trading. There is always a significant risk of 51% attack at time of fork.

Every time DGB has hard forked in the past we accidentally introduced an unknown vulnerability or issue later discovered we had to fix. Luckily this has never been game ending. But it has been game ending for other chains that have died off. There are also the risks of old clients not upgrading or individuals who then send money from old wallets and lose money.

There is a tremendous amount of risk, time and energy and resources in any hard fork. And any future DGB hardfork will be 100x harder than any we have done in the past because there are many more people and much more money involved now. Its just the reality of the situation.

I am not saying we will never do another one or that its not possible, but the reward needs to clearly outweigh the risk to rally the entire community for a unified approach to a hard fork, as it will take everyone to pull it off knowning there will always be nefarious actors trying to exploit the process.
305 viewsJared Tate, 21:53
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2021-12-24 00:52:26 I wanted to share some thoughts I had about any future DGB algo swaps that I just wrote out in the mining channel: https://t.me/dgbmining/93637
309 viewsJared Tate, 21:52
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2021-12-23 22:40:59 https://twitter.com/jaredctate/status/1474102135511937024?s=20
346 viewsJared Tate, 19:40
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2021-12-23 22:40:45 I had great time talking about the future of the #DigiByte #blockchain, the #Metaverse and @DigiCorpLabs with @RudyBouwman & @Coop_Daniels. Lots of insights into $DGB's past I have never mentioned publicly as well as how that helps shape the future.

414 viewsJared Tate, 19:40
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2021-12-17 19:21:39 The new #VTFET vertical chip design break through is not only a 5x increase in amount of transistors, it could allow cell phone batteries to go a week between charges. It also uses 85% less energy than current chips. #MooresLaw continues. https://www.zdnet.com/article/ibm-and-samsung-say-their-chip-breakthrough-could-give-phones-week-long-battery-life/
639 viewsJared Tate, 16:21
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2021-12-17 19:08:28 Huge milestone in chip design: #VTFET or "Vertical Transport Field Effect Transistors." Ie they are now able to print chips w/ vertical stacks of transistors. Average 5x increase in amount of transistors. 50 billion transistors in size of fingernail. https://www.popsci.com/technology/ibm-samsung-vertical-transistors-semiconductor-technology/
672 viewsJared Tate, 16:08
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2021-12-15 01:46:19 Money printer go brrr! Senate just raised debt ceiling by $2.5 trillion. Inflation here we come. https://twitter.com/jaredctate/status/1470887501254385666?s=20
601 viewsJared Tate, 22:46
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