U.S. Patent 11080691 was awarded to Storecoin Inc. on August 03, 2021 and is entitled “Fork-tolerant consensus protocol.” The first named inventor is Raghavendra Kidiyoor Bhagavatha of San Jose, CA. The abstract contains an overview of the patent disclosure:
A consensus network includes Messagenodes and Validators. The Messagenodes add transactions to pre-built blocks of a blockchain. The Validators validate the transactions added to the blocks by the Messagenodes. Validators individually sign blocks in a pre-commit phase and if a block receives a threshold number of signatures, the Validators verify the signatures in a counting phase and commit the block to the blockchain. When a block is committed, it is linked to the previous sealed block in the blockchain. Link to Full Patent
This blockchain patent was originally filed on April 08, 2019 as U.S. Patent Application 16/378456 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11080691. The assistant examiner was Jing Wang.
Storecoin 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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