Is a
Patent attributes
Patent Jurisdiction
Patent Number
Patent Inventor Names
Aaron Blankstein0
Michael J. Freedman0
Muneeb Ali0
Patrick Stanley0
Diwaker Gupta0
Jesse Soslow0
Jude Nelson0
Date of Patent
July 13, 2021
0Patent Application Number
171420390
Date Filed
January 5, 2021
0Patent Citations
Patent Citations Received
Patent Primary Examiner
Patent abstract
An improved blockchain implementation that uses proof-of-transfer to overcome the technical deficiencies of proof of work and proof-of-stake implementations is described herein. For example, the proof-of-transfer process may include elements of a single-leader election sortition, but modified to cause base chain cryptocurrency committed for the purposes of the sortition to be transferred to a burn address or at least one reward address.
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