MIT License

“Imitation is the sincerest form of flattery.” --Charles Caleb Colton

A centuries old proverb means one imitates someone or something else because one admires the values, the success, the results of which they are after.

Bitcoin the first successful cryptocurrency to date has many fundamental factors, attributes that can be seen as trailblazing credence, merit, to lend to its adoption success rate.

“Based on the experience of my life, which I have not exactly hit it out of the park. I tend to agree with that thing about… If its not broke don’t fix it. And I would go further; Even if it is broke, leave it alone, you'll probably make it worse.” – George Saunders

What does success look like in the beginning?

Bitcoin launched under a pseudonymous name Satoshi Nakamoto.

iEthereum launched under a pseudonymous name EthereumFan.

Bitcoin launched in 2009 with the first online discussion showing up in May of that year in the backwoods of the internet on a site less known at the time, Reddit.

iEthereum launched in 2017 with the first online discussion showing up on a BitcoinTalk chat room in November of the same year.

Bitcoin launched under the open source MIT License.

According to The Piachu, “ The MIT License is less restrictive than for example Copyleft, giving you freedom to do more with it. It allows people to make the choice of whether they want to give their source code away or not, which can draw more people in to work on the project than if they wouldn't have that option.”

Selecting the open source MIT License over GNU, Apache, Copyleft and others seemed to be a proper choice for public adoption in hindsight. This worked for Ethereum as well.

Copyright (c) Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Coincidentally, following in the footsteps of Bitcoin and Ethereum, iEthereum launched publicly under the MIT License as well.

his information is obscured and difficult to find. Lets visit the internet archives via the wayback machine for the original website iEthereum.trade published in October 2017.

Scroll to the bottom of the page. Read the small print.

What do you see?

iEther way, We see value!