U.S. Patent 10880072 was awarded to Verizon Patent and Licensing Inc. on December 29, 2020 and is entitled “Systems and methods for controlled random endorsement in a blockchain network.” The first named inventor is Pradeep Menon of Potomac, MD. The abstract contains an overview of the patent disclosure:

A multi-scheme random selection of blockchain endorsers may preserve anonymity of nodes that participate in a blockchain network, and may assign each node an endorsement load that is proportionate to the utilization of the blockchain network by that node. Selection of one or more nodes to endorse data before recordation to the blockchain may include randomly selecting an active endorser selection scheme from a set of available endorser selection schemes, and randomly selecting one or more nodes as endorsers for the data based on the active endorser selection scheme. Each scheme may be derived based on the tracked utilization over different time scales. Exit criteria may determine when to switch the active endorser selection scheme. The exit criteria may be based on a number of times each node is selected as an endorser under the active endorser selection scheme, and utilization of the blockchain network by each node. Link to Full Patent

This blockchain patent was originally filed on June 20, 2018  as U.S. Patent Application 16/013709 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10880072. The primary examiner was Taghi T Arani.

Verizon Patent and Licensing Inc., who is the original assignee of this patent, has at least 4881 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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