Featured Coinbase Cryptocurrency Patent – System and method for managing blockchain nodes – US11080144

U.S. Patent 11080144 was awarded to Coinbase, Inc. on 2021-08-03 and describes a “System and method for managing blockchain nodes.” Coinbase is an American publicly traded company that operates a cryptocurrency exchange platform. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain. The abstract states:

Systems and methods for managing blockchain nodes. Blockchain node clusters are created and used to process blockchain requests. Blockchain clusters are managed by adding nodes to a cluster, stopping nodes in the cluster, and generating snapshots of state. of one or more nodes. Link to Full Patent

This patent was originally filed on 2020-09-17 which gives it an average processing time in the field. Coinbase, Inc. has 20 total patents. The first named inventor is Maksym Naboka of San Francisco, CA. The primary examiner was Bruce M Moser. Coinbase was founded in June 2012 by Brian Armstrong.

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