Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum Name Service challenges Unstoppable Domains' patent

Ethereum Name Service challenges Unstoppable Domains' patent

Cryptobriefing2024/05/16 12:14
By:Vince Dioquino

Ethereum Name Service (ENS) has petitioned the United States Patent and Trademark Office (USPTO) to challenge the validity of a patent obtained by Unstoppable Domains (UD) in 2023. ENS claims that UD’s patent utilizes technology that ENS had developed and open-sourced.

In a statement on social media platform X, ENS explained that UD obtained a patent for technology that ENS Labs developed with the intent of being open-source.

Both ENS and UD provide domain name and wallet services with top-level domains (TLDs) such as .crypto, .eth, and similarly branded names that form an affinity with the crypto space. ENS alleges that UD patented “ENS’s pioneering technology, directly leveraging our open-source innovations” and that ENS’ contributions were even cited in the patent.

“We gave UD every opportunity to avoid this battle: UD refused to open source the patent and refused to make any irrevocable pledges not to use the patent to the detriment of the community,” ENS stated.

In response to the petition, Unstoppable Domains founder Matthew Gould stated on X that the patent was reviewed by the examiner with the citations to ENS in place. Gould argued that patents are valid and that “filing patents is very common in both web3 and the domain industry.”

On this note, Nick Johnson, the lead developer of ENS, asked Gould to cite the key innovation in UD’s patent that wasn’t already part of ENS.

At the time of writing, Gould is yet to reply to Johnson’s query, a lack of response for which the latter posted two cricket emojis .

In his initial response to ENS’ thread, Gould argues that Unstoppable Domains has several other patents pending and will continue to file patents to “protect” the company. Gould also mentions that his company had made a non-assertion pledge over a year ago and views the issue as resolved.

In July 2022, Unstoppable Domains raised $65 million in a Series A round led by Pantera Capital, sending the firm’s valuation to a unicorn status at $1 billion. ENS, on the other hand, operates based on a set of decentralized smart contracts for an open and public infrastructure.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04