Alternatively scenario: it will cause a sudden increase of Bitcoin mines in countries where the algorithm is not patented, possibly causing a geographical decentralization of miners from countries that already have a lot of miners like China (if it is patented in China).

On 01/04/16 10:00, Peter Todd via bitcoin-dev wrote:
On Thu, Mar 31, 2016 at 09:41:40PM -0700, Timo Hanke via bitcoin-dev wrote:

Hi.

I'd like to announce a white paper that describes a very new and
significant algorithmic improvement to the Bitcoin mining process which has
never been discussed in public before. The white paper can be found here:

http://www.math.rwth-aachen.de/~Timo.Hanke/AsicBoostWhitepaperrev5.pdf

What steps are you going to take to make sure that this improvement is
available to all ASIC designers/mfgs on a equal opportunity basis?

The fact that you've chosen to patent this improvement could be a
centralization concern depending on the licensing model used. For example, one
could imagine a licensing model that gave one manufacture exclusive rights.




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