U.S. Patent 11126617 was awarded to MO AC BLOCKCHAIN TECH INC. on September 21, 2021 and is entitled “Apparatus and method for determining a finality of a block within a blockchain.” The first named inventor is Xiaohu Chen of Mountain View, CA. The abstract contains an overview of the patent disclosure:
A processing node receives a finality proposal for a subject block within a blockchain. The finality proposal including an identifier of the subject block and one or more measures, wherein each of the one or more measures is based on the number of blocks within the blockchain that were mined by a respective node within the network of nodes other than the processing node. The processing node determines the subject block is a finalized block when a value based on the one or more measures satisfies a finality criterion. When the value fails to satisfy the finality criterion, the processing node transmits a subsequent finality proposal for the subject block. The subsequent finality proposal includes the identifier of the subject block, the one or more measures from the finality proposal, and an additional measure based on the number of blocks within the blockchain that were mined by the processing node. Link to Full Patent
This blockchain patent was originally filed on July 22, 2019 as U.S. Patent Application 16/518073 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11126617. The primary examiner was Albert M Phillips, III.
MO AC BLOCKCHAIN TECH INC., who is the original assignee of this patent, has at least 5 total granted patents in the United States as of the date of this article. 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.
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