Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public and private keys are often used to transfer cryptocurrency between individuals. As a counter-culture movement that is often connected to cypherpunks, cryptocurrency is essentially a fiat currency. This means users must reach a...
Geared toward preempting U.S. property theft by promoting creativity and innovation, SOPA was introduced to the U.S. Senate and House of Representatives in October 2011. SOPA expanded the PROTECT IP Act of 2011 (PIPA), a similar Senate bill, by giving copyright holders and U.S. law enforcement the right to battle infringed - or allegedly infringed - intellectual property (IP) and counterfeit products.
SOPA is also known as the Enforcing and Protecting American Rights Against Sites Intent on Theft and Exploitation Act (E-PARASITE Act).
SOPA supporters included many companies in the entertainment industry, cable and satellite TV, etc. Opponents included many of the top Web properties, Internet service providers (ISP) and most in the Web development industry.
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