U.S. Patent 11038669 was awarded to MYDREAM INTERACTIVE, INC. on June 15, 2021 and is entitled “Systems and methods for blockchains with serial proof of work.” The first named inventor is Matthew D. Birder of San Francisco, CA. The abstract contains an overview of the patent disclosure:
A system and method for blockchains with serial proof of work includes a memory storing a blockchain, and a processor coupled to the memory. The processor is configured to receive a miner identifier, receive a block of data for inclusion in a new block of the blockchain, determine an initial nonce based on the miner identifier, hash a combination of the block of data and the initial nonce to create a hashed value, iteratively determine an updated nonce based on the hashed value and update the hashed value by hashing the updated nonce until the updated hashed value satisfies a proof of work criteria, create the new block based on the block of data, the miner identifier, and the updated hashed value that satisfies the proof of work criteria, and share the new block with one or more other computing devices hosting the blockchain. Link to Full Patent
This blockchain patent was originally filed on August 13, 2018 as U.S. Patent Application 16/102643 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11038669. The primary examiner was Baotran N To.
MYDREAM INTERACTIVE, INC., who is the original assignee of this patent, has at least 1 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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