Inventor Claims to Have Solved Floating Point Error Problem
And immediately patents it... so no one else can use it.EDIT: and for some other methods: https://en.wikipedia.org/wiki/Unum_%28number_format%29, particularly the latest one being the Posit method: http://superfri.org/superfri/article/download/137/232EDIT2: of course other people can license it, but the other way to bring a new floating point to the scene would be through the same process that happened with IEEE 754. There are plenty of people who wouldn't touch anything patented at all, sometimes even with a patent clause.