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ARTICLE · 23 OCTOBER 2023

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Bit By Bit: Copyright In The Bitcoin Blockchain

Marks & Clerk
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Bitcoin is the first and most well-known cryptocurrency, and is based on the technology known as blockchain. Blockchain acts as a decentralised public ledger storing digital transactions...

United KingdomIntellectual Property

Bitcoin is the first and most well-known cryptocurrency, and is based on the technology known as blockchain. Blockchain acts as a decentralised public ledger storing digital transactions in the form of blocks in chronological order.

In July of this year, an appeal of an order of the High Court was allowed regarding an alleged copyright infringement of the Bitcoin file format (read the preliminary judgment here). The Bitcoin file format is a file format used to determine the format of every block on the Bitcoin blockchain.

Dr Craig Wright, the Appellant in this case, claims to be the original creator of the Bitcoin source code and publisher of the infamous Bitcoin white paper entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" which was published under the mysterious pseudonym Satoshi Nakamoto. Dr Wright claims copyright in the Bitcoin file format, the Bitcoin white paper, and three associated Bitcoin blockchain databases.

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