I'm not sure what your point is here.
Like I said, trademark law is a enforce it or lose it thing: you have to stop people from infringing on your trademark or you can lose it.
However in this case, we clearly have a situation where a trademark was issued for a generic term: Coinkite is threatening someone for using a name, btcclock, that Ricardo Cassata came up with _7_ years ago for the same concept, long before the Blockclock even existed.
Coinkite chose to try to enforce their trademark broadly when they, at minimum, could have accepted that their trademark should apply narrowly given the fact that it is pretty generic. If the defendant was calling their project a "Blockclock" this situation would be more reasonable. They're not. They're using a different name.
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I'm referring to "a trademark should have never been issued". I do think they made right decision to apply for one.
Whether they should enforce it against others I don't know.
Nothing forces you to apply for a trademark. You can just accept that people may use the term "blockclock" to talk about block clocks.
Coinkite is also a trademarked term, and it's a distinctive one that I have no issue with. They can just call their product a Coinkite Blockclock and everything would be fine.
Anyway, this is irrelevant here: the competition they're threatening used the term BTClock. Which ironically is arguably _more_ distinctive than Blockclock due to the distinct spelling.