U.S. Patent 11070361 was awarded to SAMSUNG SDS CO., LTD. on July 20, 2021 and is entitled “Block generation method in blockchain-based system.” The first named inventor is Jeong Ho Kim of Seoul, . The abstract contains an overview of the patent disclosure:

Provided is a block generation method in blockchain-based system. The block generation method comprises calculating, by a first blockchain node among the plurality of blockchain nodes, a first node score, propagating, by the first blockchain node, the first node score to the plurality of blockchain nodes, receiving, by the first blockchain node, a delegation of a block generation authority from a second blockchain node among the plurality of blockchain nodes, the second blockchain node having received the first node score and initiating, by the first blockchain node, generation of a new block based on a determination that a block generation node condition, that is based on the block generation authority, has been satisfied. Link to Full Patent

This blockchain patent was originally filed on January 22, 2019  as U.S. Patent Application 16/253525 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11070361. The primary examiner was Shawnchoy Rahman.

SAMSUNG SDS CO., LTD., who is the original assignee of this patent, has at least 247 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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