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Preamble:

Being a company engaged predominantly in the creation of blockchain technology, Jelurida IP B.V. has prepared the following “coinleft” license whose goal is to implement new requirements consistent with the specific nature of the blockchain software. We recognize the fundamental advantages that the decentralized ledger technology has to offer and we truly believe in its potential to change the world for the better. Therefore we wish to continue the already established tradition to publish blockchain software as an open source and in this way to give our contribution to the further development of the blockchain technology world-wide. At the same time we wish to protect our IP rights and to address the fact that our software was copied many times during its existence and as a result a lot of “clones” have been created which dilute the value of the tokens with no significant technological improvements behind them.

Jelurida has created a new type of "coinleft" license, in the spirit of the GNU General Public License, but better suited to protect the interests of open source cryptocurrency projects.

Starting from version 1.11.6, the Nxt Reference Software (NRS) is the first software to be released under the Jelurida Public License, with the Special Conditions requiring a 10% sharedrop to the NXT holders from Nxt clones.

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