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Coinbase sparked controversy within the largely open-source dedicated Bitcoin industry after filing for nine patents this year. Some Bitcoiners suggested Coinbase had it in mind to create a monopoly over key Bitcoin services with the move. CEO Brian¬ Armstrong assures this is not the case.¬ Bitcoin exchange and payment processor Coinbase filed nine patent applications with the US Patent and Trademark Office (USPTO). The USPTO received the submission on March 17.¬ The filings were published this month, and include applications for products like hot bitcoin wallets, an instant exchange, a Bitcoin exchange, a Bitcoin tipping button and two different block chain transaction […]
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