US Patent Issued to Chia Network on May 26 for "Methods for grinding-resistant consensus in a proof-of-space-based blockchain" (Austrian, American, Japanese Inventors)

ALEXANDRIA, Va., May 26 -- United States Patent no. 12,640,931, issued on May 26, was assigned to Chia Network Inc. (San Francisco).

"Methods for grinding-resistant consensus in a proof-of-space-based blockchain" was invented by Bram Cohen (San Francisco), Krzysztof Pietrzak (Vienna) and Mariano Sorgente (Tokyo).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for extending a blockchain includes, at a space server in a distributed network: storing a plot file. The method also includes accessing a blockchain: during a current slot in the series of slots, accessing a proof-of-space challenge based on a current slot challenge associated with the current slot and a challenge chain signage point; in respons...