It's important to question what a rational person would do if they discovered something like this!
They'd keep the invention very close to their chest, to prevent knock-offs. They'd seek to get sufficient funding in order to get all the legal protection they could. But, they'd have to figure out how to get that money without disclosing the secrets!
In other words, you'd do demonstrations in front of reputable experts, without cracking the black box, until you could get funding to buy protections.
From the outside, we'll have no idea of when it's a fraud or not, until after the black swan has emerged. Betting that it is a fraud is obviously a good bet, but we're not the ones betting.
Right now I'm looking into the Searl Effect Generator which seems way more scammy than this but it also has a large devoted team to it so again I don't know what to think of it. They also want to share it with the world so either they have the greatest drugs man has ever seen or they could be crazy enough to be right.
Scientific discoveries get published in peer reviewed science papers first, they do not come from demonstrations to the press with plans to sell it within a year.
That's not true! Science is published in journals. Technologies get shown, funded, patented, and then sold. Technologies sometimes lead to scientific publications, and vis versa.
But, if you were sitting on a trillion-dollar discovery, I think you might not submit to peer-review too quickly on the underlying science.
The existence of cold fusion is a scientific discovery and in reality would probably have to be proven it could exist before anyone could create anything that uses it.
Scientific discoveries get published in peer reviewed science papers first, they do not come from demonstrations to the press with plans to sell it within a year.
Assuming that this is based on the Widom-Larsen weak-force Low Energy Nuclear Reaction (and it certainly seems to be), it HAS already been published in peer-reviewed journals, such as Pramana (sponsored by the Indian Academy of Sciences).
Scam, possibly. Ultra-cold neutrons (such as those produced by the hypothetical Widom-Larson effect) would have an extremely high capture cross-section and a correspondingly short mean free path. They could not be detected outside the reactor. On the other hand, gamma rays should certainly be detectable, both from de-exitation of Nickel, Cobalt, Copper and Iron nuclides and also (in the 0.511 MeV range) from electron-positron annihilation events... and in fact, Rossi did confiscate a gamma-ray spectrometer from one of the scientists present at the October demonstration. Hard to say whether he did this to keep the gamma ray energy spectrum secret, or to hide the fact that there were no gamma rays (ie: no nuclear reaction taking place).
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